Which of These Is Not an Advantage of a Shorter

question 10

Multiple Choice

Which of these is not an advantage of a shorter inventory turnover period?

• A) It means that fewer funds are tied up in inventory so more are available for use in the business.
• B) It means that inventory is less likely to become obsolete or out of date.
• C) It means that less storage space is needed for inventory.
• D) It means that management can have the cost advantage of buying in bulk.

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Definitions:

Taft-Hartley Amendments

A federal legislation from 1947 that limited the functions and authority of labor unions within the United States.

National Health

A conceptual focus on the health and wellbeing of a nation's population, often relating to public health policies and systems.

Sole Authority

The exclusive power or right to decide, act, or control a particular situation or organization, without needing approval or consent from others.

Landrum-Griffin Act

A U.S. federal law enacted in 1959 to regulate labor unions' internal affairs and their officials' relationships with employers.