When a company uses an automated inventory control system: a hand-counted inventory must be done at least _____ a year. What type of information is found on a supply inventory list... When a company uses an automated inventory control system: a hand-counted inventory must be done at least _____ a year. What type of information is found on a supply inventory list? You have prepared a supply inventory list and are ready to inventory the supplies in your department. Which of the following would be done when completing an inventory?
Understand the Problem
The question is asking about various aspects of inventory management, specifically the requirements and types of information needed in an inventory control system and supply inventory list. It seeks to clarify what actions should be taken during an inventory process.
Answer
Once a year; all of the above; all of the above.
When a company uses an automated inventory control system, a hand-counted inventory must be done at least once a year. A supply inventory list typically includes information such as the name, size, and quantity of the product; item number and supplier’s name; cost, reorder point, and quantity to reorder (all of the above). When completing an inventory, you should identify the correct item on the supply inventory list, count the number of items and document this, neatly replace the supplies, and ensure that older supplies are in front of new ones (all of the above).
Answer for screen readers
When a company uses an automated inventory control system, a hand-counted inventory must be done at least once a year. A supply inventory list typically includes information such as the name, size, and quantity of the product; item number and supplier’s name; cost, reorder point, and quantity to reorder (all of the above). When completing an inventory, you should identify the correct item on the supply inventory list, count the number of items and document this, neatly replace the supplies, and ensure that older supplies are in front of new ones (all of the above).
More Information
Performing a hand-counted inventory annually helps verify the accuracy of automated systems and prevents inventory discrepancies. Supply inventory lists ensure all necessary details are accounted for, aiding in efficient inventory management.
Tips
A common mistake is neglecting to update or verify inventory lists regularly, which leads to stock discrepancies.
Sources
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