A Useful Measure of Inventory Performance Is Called "Dollar Days

question 33

Multiple Choice

A useful measure of inventory performance is called "dollar days." In which of the following areas are dollar days measurements not useful?

• A) Marketing
• B) Research and development
• C) Manufacturing
• D) Project management
• E) Purchasing

---

Definitions:

Maturity Value

The total amount payable to an investor at the end of a fixed-income security's life, including both the principal and interest.

Interest-bearing

Describes a financial instrument or account that generates interest income over time.

Notes Receivable

Claims against debtors documented through promissory notes that promise future payment of money.

Note Receivable

A written promise for the payment of a specified amount of money, with interest, by a set date or on demand to the holder of the note.