Causes of Inventory Record Error Are

question 16

Multiple Choice

Causes of inventory record error are:

• A) unsecured stockroom
• B) unauthorized withdrawal of material
• C) poorly trained personnel
• D) all of the above

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Definitions:

Proposal

A formal offer or plan put forward for consideration or discussion by others.

Relative Ranking

A method of ordering items or values in relation to each other based on certain criteria.

Alternative Proposals

Different suggestions or plans put forward as options to consider for solving a problem or making a decision.

Present Value

The present worth of a future amount of money or series of monetary inflows, considering a certain rate of interest.