What do you call a record listing the merchandise on hand at any given point in time?

The correct answer is "Inventory." An inventory is a comprehensive record that details all the items or merchandise that a business has available at a specific time. In the context of funeral service education, maintaining an accurate inventory is critical for managing the range of products offered, such as caskets, urns, and other funeral supplies.

Having an up-to-date inventory helps funeral homes assess stock levels, track popular products, and ensure they meet the needs of families during difficult times. This accurate record-keeping enables effective financial management and informs decisions regarding purchasing and stock replenishment.

While other terms like catalog and price list relate to the presentation and pricing of products, they do not serve as a complete listing of all merchandise on hand. A catalog typically showcases the items available, whereas a price list provides costs associated with those items. A sales record, on the other hand, tracks transactions that have already occurred, rather than current stock levels. Thus, “inventory” is the term that best fits the definition given in the question.