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True..
Cycle Counting
A system of counting inventory continually throughout the year.
The idea is to count selected items each day.
The number of times an item is counted in a year is referred to as its count frequency.
Ideally the frequency increases as the number of transactions increases (more chance of error) and as the value of the item increases.
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True <<<<<<<<<<<<<<<Answer<<<<<<<<<<<<<<<<
The cycle count is done to check the accuracy of the physical inventory of the product whether it tallies with the system inventory.
Converting the line of Drawing from Drawing to Land is called Layout
SOME ITEM FREQUENTLY COUNTED ON MONTHLY BASIS. JUST LIKE INVENTORY
COMES AS ( FIFO ) METHOD. OTHE WISE YEARLY COUNT IT.
False. Cylcle counting is counting of all items in inventory
Fast moving product counting in every cycle because some mistake can takes place in distpatching but non or slow moving product are not necessary to count in every cycle because they are slowmoving product.
True is the right answer '
True...Fast moving items should be counted frequently whenever its required.