An Advantage of Continuous Review (Q) Inventory Systems Relative to Periodic

question 143

True/False

An advantage of continuous review (Q) inventory systems relative to periodic review (P) inventory systems is that lower levels of safety stock provide savings in holding costs.

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Definitions:

Profit a Prendre

A right to take something (such as minerals, game, or timber) from another's land.

Easement

A right to cross or otherwise use someone else's land for a specified purpose.

House

A structure serving as a dwelling for one or more persons, especially for a family.

True Lease

A lease agreement that qualifies as a genuine lease under applicable law, allowing the lessor to retain ownership and tax benefits of the leased asset.