True or False: All vending machines must have the same EOM closing dates.

The statement is false because vending machines do not need to have the same EOM (End of Month) closing dates. Each vending machine may operate independently based on its specific inventory, sales patterns, and management strategies. This flexibility allows for better financial tracking and inventory management tailored to each machine's performance and location.

Vending machines can be affected by various factors such as traffic patterns in their location, types of products sold, and operational schedules. Therefore, having different EOM closing dates can provide more accurate financial results and facilitate timely restocking and maintenance. Uniform closing dates are not a requirement, making it possible for some machines to have different reporting periods that reflect their operational realities.