Answer: c. reduce discrepancies between inventory records and actual
Explanation: Cycle counting is an inventory sampling technique wherein a number of items in a number of areas within the warehouse is counted which thus infers the total count of items in the warehouse, without having to count the entire inventory. In cycle counting, the frequency of item counting and verification of stock depending on the item's classification varies from item to item. Cycle counting is aimed or intended at maintaining and improving inventory record accuracy by reducing discrepancies between inventory records and actual.