A business performing a physical count of inventory on hand is known as a:
A) count.
B) stocklist.
C) stocktake.
D) stockvalue.

Question

Quizplus · Accepted Answer

A physical count of inventory on hand is known as a stocktake. A count could refer to various types of numerical tally, a stocklist is just a list of inventory items, and a stockvalue is a measure of the worth of inventory rather than a physical count.

A Business Performing a Physical Count of Inventory on Hand