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Furkat [3]
3 years ago
6

Among the advantages of cycle counting is that it: allows more rapid identification of errors and consequent remedial action tha

n is possible with annual physical inventory. makes the annual physical inventory more acceptable to management. does not need to be performed for less expensive items. does not require the detailed records necessary when annual physical inventory is used. does not require highly trained people.
Business
1 answer:
djyliett [7]3 years ago
5 0

Answer:

Allows more rapid identification of errors and consequent remedial action than is possible with annual physical inventory

Explanation:

Cycle counting is a prominent stock tallying arrangement that enables organisations to include various things in various zones inside the distribution centre without calculating the whole stock. Cycle checking is an inspecting method where the count of a specific number of things derives the mean the entire distribution centres. It also helps in the identification of errors.

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Nominal GDP measures the market value of all goods and services produced in an economy at current prices, normally in a year. Current prices are the prices of the year I want to know the GDP. In this case, our current prices are 2010 prices. To know the nominal GDP, we must multiply the quantities produced by their current prices:

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Question 6 of 22:
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