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In finance,what does the term inventory shrinkage mean?  

Asked in Personal Finance & Tax at 1:14 PM on August 25, 2010

Tags: term, inventory, shrinkage, mean

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aditi rathod
aditi rathod
Profile | Q&A

Hi Aditi,

A shortfall between inventory based on actual physical counts and inventory
based on book records. This shortfall may be due to such factors as theft, breakage, loss, or
poor recordkeeping.

Thanks,
Kar vy Private Wealth,
http://karvywealth.bl ogspot.com/

Answered by Karvy Privat at 5:04 PM on August 25, 2010

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Karvy Privat
Karvy Privat

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