Final answer:
In Tennessee, businesses must maintain inventory records for a minimum of three years to comply with state regulations for tax, auditing, and inventory management.
Step-by-step explanation:
In Tennessee, inventory records must be retained for a certain period. According to the state's business regulations, these records should be maintained for a minimum of three years. This period allows businesses to comply with tax, auditing, and inventory management requirements. Keeping accurate and accessible inventory records is important for financial reporting, the calculation of cost of goods sold, and for the verification of asset value on balance sheets.