Question 1 of 30
A warehouse manager discovers a significant discrepancy during a routine inventory count, where the physical count of a specific item is 150 units, but the system shows 200 units. After investigating, the manager finds that the discrepancy is due to a data entry error made during a previous stock adjustment. What is the most appropriate action the manager should take to resolve this issue?
Perform an inventory adjustment to decrease the recorded quantity in the system to match the physical count.
Conduct a full recount of all items in the warehouse to ensure no other discrepancies exist.
Increase the recorded quantity in the system to 250 units to account for potential future losses.
Ignore the discrepancy since it is within an acceptable variance threshold for inventory management.

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