Cycle Counting

question 45

Multiple Choice

Cycle counting

• A) is a process by which inventory records are verified once a year
• B) provides a measure of inventory accuracy
• C) provides a measure of inventory turnover
• D) assumes that all inventory records must be verified with the same frequency
• E) assumes that the most frequently used items must be counted more frequently

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Definitions:

Scanning Headings

The act of quickly looking over the headings or titles in a document to grasp the main topics or organize content.

Structured Conversation

A dialog that follows a predetermined outline or rules, facilitating effective communication.

Useful Information

Data or details that are applicable, beneficial, and can assist in decision-making or problem-solving.

Large Group

A substantial number of individuals gathered together or categorized for a specific purpose or characteristic.