The most important reason for cycle counting is to:

A) correct inventory valuation.
B) train warehouse staff in location methods.
C) correct inventory balances.
D) keep stock in correct rotation.
E) find and correct errors.


E

Business

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An Article IX security interest requires a written agreement for fixtures

Indicate whether the statement is true or false

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Curtis Auto Parts takes inventory annually. Beginning inventory for the year was $247,000 . Ending inventory for the year was $230,000 . Compute the average inventory for Curtis Auto Parts

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Indicate whether the statement is true or false

Business