What is the term for a record that lists the merchandise on hand at any given point in time?

The term that refers to a record listing the merchandise on hand at any given point in time is "Inventory." Inventory is essential for businesses, including funeral services, as it helps track the available merchandise, manage stock levels, and ensure that all necessary items are on hand for service delivery. Maintaining an accurate inventory is crucial for operational efficiency and can support financial planning and analysis.

The other terms, while related to business operations, serve different purposes. A ledger is more focused on recording financial transactions; a catalog provides detailed descriptions and listings of products but does not serve as a real-time count of stock; a manifest typically refers to a document listing cargo or passengers, not merchandise inventory. Therefore, inventory accurately captures the concept of keeping track of goods currently available.