Which of the Following Statements Regarding Inventory Measures Is

question 95

Multiple Choice

Which of the following statements regarding inventory measures is

• A)If the inventory turnover ratio increases,the days to sell measure decreases.
• B)The days to sell measure can help managers make ordering decisions for inventory.
• C)A higher inventory turnover ratio indicates that inventory is moving more quickly from purchase to sale.
• D)It is rare for a company with a lower gross profit percentage to have a faster inventory turnover.

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Definitions:

Macro

A set of automated instructions or tasks that can be initiated by a single command to streamline repetitive processes.

Perform

To carry out an action or series of actions; to execute a task or function.

Action Block

A section of code or a user interface element designed to perform a specific action or set of actions when prompted.

Arguments

In programming, arguments are values that are passed to functions, procedures, or commands to be processed.