Policies and Procedures

B0405 Inventories

‚ÄčThe President or his/her designee shall take or cause to be taken a physical count of all resale inventory at least once each year. Periodic inventories are completed, as necessary, of capital equipment valued at greater than $5,000. Inventories of equipment and supplies with a value of less than $5,000 are done at departmental discretion.

Revised November 16, 2004
Reviewed January 19, 1993
Revised July 10, 1989
Adopted November 28, 1979