Boxes or other containers holding inventory should also be opened during test counts to determine the ________ of the inventory.
A) classification
B) detail tie-in
C) existence
D) realizable value

Question

Quizplus · Accepted Answer

Test counts are performed to determine the existence of inventory, i.e., whether the inventory physically exists and is present in the warehouse or storage area. The other options, such as classification, detail tie-in, and realizable value, are not relevant to determining the existence of the inventory.

Boxes or Other Containers Holding Inventory Should Also Be Opened