The purpose of "cycle counting" is to:
A)count all the items in inventory.
B)determine the optimum re-order point.
C)reduce discrepancies between inventory records and actual.
D)reduce theft.
E)reduce inventory levels

Question

Quizplus · Accepted Answer

The purpose of cycle counting is to reduce discrepancies between inventory records and actual inventory levels by regularly counting a small subset of inventory items. This helps identify and correct any inaccuracies in the inventory records, allowing for more accurate and efficient management of inventory levels.

The Purpose of "Cycle Counting" Is To