The Financial Accuracy Of 'New Hike'

The financial accuracy is 90.4% witch is a difference of $ 23,000,000. The inventory accuracy for New Coke is 75%. The accuracy for Diet Coke is 100%. And finally the accuracy for Coke classic is 50%. With an average total actual inventory accuracy of 75% and a financial accuracy of 90.4% I would not consider this to be at the level of accuracy described in the book which states that “most agree that an ongoing accuracy level in the very high 90 percentile range is required in order to maintain confidence in the accuracy of the information” (Chapman 112).
The reasons for the difference in the accounting vs the actual amount of inventory could be the result of the several things. One of the main reasons could be that some of the inventory that