The Oldest of the Following Is the

question 24

Multiple Choice

The oldest of the following is the

• A) Atlantic Ocean.
• B) Tethys Sea.
• C) Andes.
• D) Himalayas.

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Definitions:

Identical

Exactly the same, without any difference.

Finished Goods Inventory

Goods that are finished with their production cycle and available for purchase by consumers.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.

Just-In-Time System

A production and inventory strategy where materials and products are produced or acquired only as needed for use, minimizing inventory costs.