The Lumber Yard Has Installed a New Inventory Control System

question 174

Multiple Choice

The Lumber Yard has installed a new inventory control system which will improve the efficiency of the operations and reduce excess inventory. This system will _____ the inventory period and
_____ the cash cycle.

• A) increase; increase
• B) increase; decrease
• C) decrease; decrease
• D) decrease; increase
• E) decrease; not effect

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Definitions:

Employment Equality

The principle that all individuals should have equal access to employment opportunities, pay, and conditions, regardless of personal characteristics unrelated to job performance.

Bureaucratized

The process or state by which an organization or system becomes overly regulated, formalized, and characterized by rigid adherence to rules, diminishing its adaptability and efficiency.

Social Transformation

The significant alteration over time in behavior patterns, social structures, and cultural values within a society.

Nazi Germany

The period between 1933 and 1945 when Germany was under the dictatorship of Adolf Hitler, marked by fascist policies, World War II, and the Holocaust.