Scheduled verifications of specific lines or items of merchandise for inventory counts are known as?

Scheduled verifications of specific lines or items of merchandise for inventory counts are referred to as cycle counts. Cycle counts involve taking a small portion of inventory and counting it on a regular basis throughout the year, rather than conducting a full inventory count all at once. This method allows for more manageable inventory verification, helps identify discrepancies more frequently, and contributes to maintaining accurate inventory records. Cycle counts typically focus on high-turnover items or specific categories, helping businesses monitor their stock levels and reduce shrinkage effectively.

In contrast, while "stock checks" and "inventory counts" might seem relevant, they are broader terms that do not specifically denote the scheduled and repetitive nature of cycle counts. "Periodic audits" also implies less frequent checks and often involves comprehensive evaluations rather than the more targeted and routine approach represented by cycle counting. Therefore, cycle counts are the most appropriate term for this process.