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What is it called when someone does a daily check of a company's records and materials?InventoryFinancesEmployeesCustomers

Question

What is it called when someone does a daily check of a company's records and materials?

  • Inventory
  • Finances
  • Employees
  • Customers
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Solution

The process of performing a daily check of a company's records and materials is commonly referred to as Inventory Management. This function involves tracking the company's stock of goods, ensuring accuracy in inventory records, and managing the quantities of products available for sale.

Explanation:

  1. Inventory refers to the raw materials, work-in-process products, and finished goods that a company holds. Daily checks help in maintaining accurate records and preventing discrepancies.
  2. Finances pertain to the management of the company's money, investments, and other financial assets, which is not specifically focused on daily material checks.
  3. Employees relate to the workforce of a company and their management and performance, which is separate from inventory checks.
  4. Customers involve the end-users of products or services, which is also not directly related to checking records and materials.

Therefore, the correct answer is Inventory.

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