Which of the Following Statements Is True Regarding a Periodic

question 48

Multiple Choice

Which of the following statements is true regarding a periodic review inventory system?

• A)Safety stock is not needed when periodic review systems are used.
• B)The same quantity of inventory is ordered each time an order is placed.
• C)Inventory replenishment orders are placed in equal increments of time.
• D)None of the selections are true.

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Definitions:

Equality

A principle that emphasizes that all people should be treated as equals in rights, opportunities, and status.

Fourteenth Amendment

An amendment to the U.S. Constitution, ratified in 1868, granting citizenship to all persons born or naturalized in the United States, including former slaves, and providing all citizens with equal protection under the laws.

Radical Republicans

A faction within the Republican Party during and after the American Civil War, distinguished by their strong stance on abolishing slavery and implementing strict Reconstruction policies in the South.

Conservative Republicans

A faction within the Republican Party in the United States that emphasizes traditional values, limited government, and conservative economic policies.