Which of the Following Is Not Part of an Inventory

question 7

Multiple Choice

Which of the following is not part of an inventory management system?

• A) Purchase documentation
• B) Ownership tracking
• C) Configuration management
• D) Equipment disposal documentation

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Definitions:

Accounts Receivable

Debt that customers hold towards a business for received goods or services which remain unpaid.

Cash Sales

Transactions in which the buyer pays the seller immediately with cash or other forms of immediate payment.

Average Collection Period

The average number of days it takes for a company to receive payments owed by its customers.

Accounts Receivable

Money owed to a business by its clients or customers for goods or services delivered but not yet paid for.