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Which of the following are true when cycle counting inventory?
I. Inventory should be audited for count and location.
II. Cycle counts can be scheduled at regular intervals or special times.
II. A good time to cycle count an item is when an order is placed.
Spans of Control
The number of employees or subordinates that a manager or supervisor is directly responsible for overseeing.
Functional Departmentation
The process of grouping together jobs and activities into departments based on similarity in functions like marketing, finance, human resources, etc.
Advantage
A condition or circumstance that puts someone or something in a favorable or superior position.
Career Ladders
Structured paths for career progression within an organization, often represented by an upward series of jobs or roles that offer increasing responsibility and rewards.
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