A(n) ________ Is the Smallest Unit Available for Inventory Control

question 87

Multiple Choice

A(n) ________ is the smallest unit available for inventory control.

• A) category
• B) stock-keeping unit
• C) classification
• D) merchandise group
• E) assortment

---

Definitions:

Accounts Receivable

Amounts owed by customers on account.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, often used to assess liquidity and cash requirements.

Financing Section

A part of the cash flow statement that shows the net flows of cash used to fund the company’s capital expenditures and financial investments.

Budgeted Income Statement

The Budgeted Income Statement is a financial forecast that projects a company’s revenues, expenses, and net income for a specific period.