That would mean that instead of the audits proposed, that are not done, we'd have "inventory." Yep, that means count everything you've taken in for the purposes of knowing what you have. You do a count, by whatever means, and then you do an inventory. This event only happens every so often. You must"inventory." Audits come on top of that. Bus as of now, we have those ballots going off to central tabulation, no witnesses in many cases, and no ability to examine the counting machines. Great system, designed for criminal exploitation.
in·ven·to·ry (nvn-tôr, -tr)
http://www.answers.com/topic/inventory?cat=biz-finn. pl. in·ven·to·ries
1.
a. A detailed, itemized list, report, or record of things in one's possession, especially a periodic survey of all goods and materials in stock.
b. The process of making such a list, report, or record.
c. The items listed in such a report or record.
d. The quantity of goods and materials on hand; stock.
2. An evaluation or a survey, as of abilities, assets, or resources.
tr.v. in·ven·to·ried, in·ven·to·ry·ing, in·ven·to·ries
1. To make an itemized report or record of.
2. To include in an itemized report or record.
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Why Inventory Accounting is Required
http://www.investopedia.com/terms/i/inventoryaccounting.aspIt is a requirement of GAAP that inventory be properly accounted for according to a very particular set of standards, so as
to limit the potential of overstating profit by understating inventory value, and
to limit the potential to overstate a company's value by overstating the value of inventory which has in fact materially depreciated in value.In other words, inventories prevent MISREPRESENTATION