Savings from Reduced Inventory Results in Increased Profit

question 99

True/False

Savings from reduced inventory results in increased profit.

---

Definitions:

Consent Order

A consent order is a legal document, approved by a judge, that formalizes an agreement between parties in a dispute without admitting guilt or liability.

Cease-and-Desist Order

A legal order issued by a court or government agency requiring a person or entity to stop a specified activity immediately.

Executive Branch

The branch of government responsible for enacting and enforcing laws, typically headed by the president or prime minister.

Federal Trade Commission

A U.S. federal agency with the mission to protect consumers and promote competition by preventing anticompetitive, deceptive, and unfair business practices.