Among the advantages of cycle counting is that it
Options:
A. makes the annual physical inventory more acceptable to management.
B. does not require the detailed records necessary when annual physical inventory is used.
C. does not require highly trained people.
D. allows more rapid identification of errors and consequent remedial action than is possible with annual physical inventory.
E. does not need to be performed for less expensive items.
The Correct Answer Is:
D. allows more rapid identification of errors and consequent remedial action than is possible with annual physical inventory.