inventory shrinkage definition
Inventory that is less than the expected amount. It might be associated with theft or damage.
Inventory that is less than the expected amount. It might be associated with theft or damage.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.