Which statement best describes the difference between 100% and cyclic inventories in MILPROP?

• A. A cyclic inventory checks a subset of items periodically.
• B. A 100% inventory accounts for all items in the property book at a point in time.
• C. They are the same process with different names.
• D. 100% inventory is only done during audits.

Answer: (D)

In MILPROP, the distinction is between a full 100% inventory and cyclic counts. A 100% inventory is a full count of every item listed in the property book at a single point in time, establishing complete accountability for all items. Cyclic inventories, on the other hand, count only a subset of items on a rotating schedule, keeping ongoing accuracy between full inventories without taking everything out of circulation at once. They are different processes and 100% inventories are not limited to audits; they are a standard procedure to confirm the entire inventory at a specific moment.