Question: What is the connection between cycle counting and ABC Analysis? It is necessary to have a full cycle count done in order to prepare for

What is the connection between cycle counting and ABC Analysis? It is necessary to have a full cycle count done in order to prepare for an accurate ABC Analysis It is necessary eliminate annual inventory adjustments in order to implement ABC analysis ABC analysis allows firms to alow the causes of errors to be identified and remedial action to be taken Cycle counting has been used less commonly since ABC analysis has become commonplace To implement cycle counting it is necessary to use ABC analysis to determine the frequency of counting various items

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