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Is a physical count necessary and how should obsolescence be provided for?
'Paul, I want a physical count of every canister and cylinder.
A physical count is then performed on the ending inventory to determine the amount of goods left.
This physical count determines the amount of inventory appearing in the balance sheet.
It requires a detailed physical count, so that the company knows exactly how many of each goods brought on specific dates remained at year end inventory.
But the physical count still tells something else: PC is still more popular than Mac.
At the end of the year, the last Cost per Unit on Goods, along with a physical count, is used to determine ending inventory cost.
Just go in, verify the purchase with Pinckney, and say we'll be back in a week or so for a physical count of the containers he bought.
For instance, observation of payment of wages and salaries, physical count of inventory or opening of mail.
The audience that views the Fifth Screen is also a measured and quantifiable using AVA (anonymous video analytics) and physical counts.
Bancapital conducted brokering operations based on these warehouse receipts and the 1994 scandal erupted when the physical count of certificates against warehouse receipts did not tally.
Usually, too, with the abandonment of work-in-progress, control over production progress is maintained by physical counts of products demanded and produced, along with measures of defects, stock levels, and so on.
However, this is not the physical count of actual words; this is a rough count of the number of characters divided to better estimate the space that the final text will consume in the published version.
He was told that Revere had been looking for a new insurer, but when several underwriters demanded a physical count of the currency they had on hand, "the Scarettas would not permit such a count to be made," the affidavit says.
Inventory control relied on painstaking, manual comparisons between sales records (paper receipts) and physical counts of items on the floor, in the back room, and in warehouses.4 Overstocks at the close of a season were then marked down for clearance, warehoused in inventory for future sales, or sold to a secondary market supplying discount retailers.