Inventories

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Chapter 18 in Retail Security and Loss Prevention, 2007, pp 220-223 from Palgrave Macmillan

Abstract: Abstract As every retailer knows, an annual physical inventory of all merchandise is required by federal income tax law. However, this should not be your only reason for taking inventory. A physical inventory serves several purposes that are as important as satisfying the legal requirement. But unless it is meticulously taken to ensure its accuracy, you will find that the information obtained is worthless and misleading.

Keywords: Actual Count; Store Manager; Turn Rate; Loss Prevention; Unit Inventory (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59854-6_18

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DOI: 10.1057/9780230598546_18

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