Question: Cycle counting: A. eliminates annual inventory adjustments. B. provides a measure of inventory turnover. C. assumes that the most frequently used items must be counted

Cycle counting: A. eliminates annual inventory adjustments. B. provides a measure of inventory turnover. C. assumes that the most frequently used items must be counted more frequently. D. is a process by which inventory records are verified once a year. E. assumes that all inventory records must be verified with the same frequency.

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