Cyclical inventory counts differ from full inventory counts in which way?
A) cyclical inventory counts are performed at balance date.
B) cyclical inventory counts are only performed by internal audit.
C) cyclical inventory counts may involve counting only a portion of inventory items
D) they differ in all of the above ways

Question

Quizplus · Accepted Answer

Cyclical inventory counts, also known as cycle counts, involve counting only a portion of inventory items at any given time, rather than counting the entire inventory at once as in a full inventory count. This allows for more frequent checks on inventory accuracy without the disruption of a full inventory count.

Cyclical Inventory Counts Differ from Full Inventory Counts in Which