Which of the following techniques is most commonly used for cycle counting of inventory?
Which of the following techniques is most commonly used for cycle counting of inventory?
The most commonly used technique for cycle counting of inventory is ABC classification. This method categorizes inventory into three categories (A, B, and C) based on their importance and value. Typically, 'A' items are counted more frequently, 'B' items less frequently, and 'C' items the least frequently. This ensures that more attention is given to high-value or high-importance items while still maintaining overall inventory accuracy.
its C ABC classification