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When is stock annually checked or physically verified?

A. 1st January
B. 1st April
C. 30th June
D. 31st December
Correct Answer: C. 30th June

Annual stock verification is commonly conducted on June 30th, aligning with the end of the financial year for many organizations. The other dates (January 1st, April 1st, December 31st) are not the standard annual stock-taking periods.

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