Cycle counting is an inventory-control method whereby storeroom personnel physically count a small percent of the total number of items each day.

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BlackTom AI · Accepted Answer

The question asks about cycle counting as an inventory-control method and defines it as storeroom personnel physically counting a small percent of the total number of items each day.
Option 1: True. Cycle counting is indeed the process of counting a small, predefined subset of inventory on a regular basis rather than conducting a full physical count of all items at once. This approach aims to maintain inventory accuracy continuously by targeting a portion of items on a rotating schedule, which aligns with the provided description.
Option 2: False. This would imply that cycle counting does not involve counting a small portion of items daily, or that it counts a non-representative sample or the entire stock in a single effort. Such interpretations conflict with the standard definition of cycle counting, which emphasizes counting a subset on an ongoing basis to monitor and improve accuracy over time. 
In summary, the statement matches the widely accepted definition of cycle counting, and the alternative would mischaracterize how cycle counts are executed.

MGS310001.2025FA Test 03: Chap 10,11

Cycle counting is an inventory-control method whereby storeroom personnel physically count a small percent of the total number of items each day.

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MGS*3100*01.2025FA Test 03: Chap 10,11

Cycle counting is an inventory-control method whereby storeroom personnel physically count a small percent of the total number of items each day.

View Explanation

Log in for full answers

Similar Questions

In a periodic review system, orders are placed:

Potential consequences of a poorly designed receiving program include all of the following, except:

According to the "Minimum Stock Formula", what do we need to consider when deciding on the quantity of products to be ordered ?

What is stock control ?

What do we usually set in a continuous review policy?

In a consumer society, many adults channel creativity into buying things

Economic stress and unpredictable times have resulted in a booming industry for self-help products

People born without creativity never can develop it

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MGS310001.2025FA Test 03: Chap 10,11