The purpose of "cycle counting" is to: 

a. count all the items in inventory 

b. count bicycles and motorcycles in inventory 

c. reduce discrepancies between inventory records and actual

d. reduce theft 

e. count 10% of the items each month

Question

Business

Vaughn

3 December, 02:11

The purpose of "cycle counting" is to: 

a. count all the items in inventory 

b. count bicycles and motorcycles in inventory 

c. reduce discrepancies between inventory records and actual

d. reduce theft 

e. count 10% of the items each month

+4

Answers (1)

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Ellice · Answer 1

Answer: c. reduce discrepancies between inventory records and actual

Explanation: Cycle counting is an inventory sampling technique wherein a number of items in a number of areas within the warehouse is counted which thus infers the total count of items in the warehouse, without having to count the entire inventory. In cycle counting, the frequency of item counting and verification of stock depending on the item's classification varies from item to item. Cycle counting is aimed or intended at maintaining and improving inventory record accuracy by reducing discrepancies between inventory records and actual.

The purpose of "cycle counting" is to: a. count all the items in inventory b. count bicycles and motorcycles in inventory c. reduce discrepancies between inventory records and actuald. reduce theft e. count 10% of the items each month

The purpose of "cycle counting" is to: 

a. count all the items in inventory 

b. count bicycles and motorcycles in inventory 

c. reduce discrepancies between inventory records and actual

d. reduce theft 

e. count 10% of the items each month