What is an adjustment in inventory management?

An adjustment in inventory management refers to a transaction that modifies inventory levels without it being part of a broader transaction. This typically includes actions like correcting errors, accounting for shrinkage (loss of inventory due to theft or damages), or updating counts based on physical audits. Such adjustments help maintain accurate inventory records and ensure that the system reflects the actual stock available for sale.

The other options focus on different aspects of inventory management, such as coding systems for tracking status changes, conducting reviews for accuracy, or managing pricing strategies, but do not capture the essence of what an adjustment specifically entails within the context of inventory operations.