All of the Following Statements Are True of Inventory Control

question 24

Multiple Choice

All of the following statements are true of inventory control systems EXCEPT:

• A) inventory systems prevent duplicate purchases.
• B) inventory systems can indicate the quantity to reorder.
• C) inventory systems work in conjunction with purchasing systems.
• D) inventory systems can only track one location.
• E) inventory system's data can be used to predict future needs.

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Definitions:

Negligence Case

A legal case involving claims that a party's failure to exercise reasonable care resulted in harm or damage to another party.

Level Of Caution

The degree of care and attention to potential risks or dangers in a particular situation or activity.

Negligence Per Se

A legal doctrine where an act is considered negligently wrongful because it violates a statute or regulation.

Legal Rule

A binding principle or procedure that is enforced by a legal authority, guiding or regulating behaviors or processes.