Among the Advantages of Cycle Counting Is That It

question 184

Multiple Choice

Among the advantages of cycle counting is that it:

• A) makes the annual physical inventory more acceptable to management.
• B) does not require the detailed records necessary when annual physical inventory is used.
• C) does not require highly trained people.
• D) allows more rapid identification of errors and consequent remedial action than is possible with annual physical inventory.
• E) does not need to be performed for less expensive items.

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Definitions:

Developmental Psychologist

A specialist who studies the physical, cognitive, and social changes that occur throughout a person's lifespan.

Developmental Psychologist

A psychologist who studies the psychological growth and changes that occur throughout a person's life.

Life-Span Development

The study of how individuals grow, change, and age throughout the course of their life, from conception to death.

Conception to Death

A phrase denoting the entire human life span, from the beginning of life at conception to its end at death.