Computer Inventory Systems Are Often Programmed to Produce a Cycle

question 2

Multiple Choice

Computer inventory systems are often programmed to produce a cycle count notice in which of the following case?

• A) When the record shows a near maximum balance on hand
• B) When the record shows positive balance but a backorder was written
• C) When quality problems have been discovered with the item
• D) When the item has become obsolete
• E) When the item has been misplaced in the stockroom

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Definitions:

Licensure Exam

A standardized test required in many professions to ensure competence and to officially grant permission to practice in that field.

National Mean

A statistical average that represents typical or average performance or measurements across a nation.

Mean

The average of a set of numbers, calculated by adding them together and dividing by the number of values.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values from the mean.