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  • The number of correct records/number of records checked X...
Multiple choice

The number of correct records/number of records checked X 100 =

  1. ABC inventory

  2. inventory records accuracy

  3. 80/20 rule

  4. periodic count

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Inventory records accuracy (IRA) is calculated by dividing the number of items that match the records by the total number of items checked, then multiplying by 100 to get a percentage.

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