Which One of the Following Is NOT a Method for Tracking

question 75

Multiple Choice

Which one of the following is NOT a method for tracking inventory and assuring accurate records?

• A) assign responsibility to specific employees for issuing and receiving materials
• B) updating the reorder points to minimize safety stock
• C) cycle counting
• D) logic error checks

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Definitions:

Growth

An increase in the size, amount, or value of something, often seen as a positive development in economic, business, or personal contexts.

Sustainability

The practice of maintaining processes or systems in ways that do not deplete resources or harm natural cycles for future generations.

Return On Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the benefit of an investment by its cost.

Sales Margin

The difference between the selling price of a product or service and its cost, expressed as a percentage of sales.