Computer Inventory Systems Are Often Programmed to Produce a Cycle

question 34

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

---

Definitions:

Operating Department

A unit or division within an organization that is directly involved in performing the primary business activities of the company.

Budgeted Rates

Projected costs or expenses associated with specific activities or operations, used for budgeting and planning purposes.

Actual Rates

The current, real-time rates or prices for services, goods, or financial products in the market.

Transfer Price

The price at which goods or services are traded between divisions within the same company.