The proprietor of a Customs bonded warehouse must take a physical inventory of all merchandise in the warehouse, or periodic cycle counts of selected categories of merchandise, such that each category of merchandise is counted at least _______ during the year. Which ONE of the following correctly fills in the blank found directly above?
A) Once.
B) Twice.
C) Three times.
D) Six times.
E) Twelve times.
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The Answer is: A
Citation: 19 CFR 19.12(d)(5)
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