________ advertising aims to create brand awareness and knowledge of new products or new features of existing products

The Merchandise Inventory account of a company shows a balance of $70,000 but a physical count of inventory shows $67,000 Which of the following entries is required to record the shrinkage? (Assume a perpetual inventory system.)

A) Cost of Goods Sold 3,000 Shrinkage Expense 3,000 B) Merchandise Inventory 3,000 Cost of Goods Sold 3,000 C) Cost of Goods Sold 3,000 Merchandise Inventory 3,000 D) Cash 3,000 Merchandise Inventory 3,000

An important purpose of using collaborative software is to bring together multiple perspectives and expertise

Indicate whether the statement is true or false.