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Which of the Following Actions Will Tend to Decrease the Inventory

question 13

Multiple Choice

Which of the following actions will tend to decrease the inventory period?
I.discontinuing all slow-selling merchandise
II.selling obsolete inventory below cost just to get rid of it
III.buying raw materials only as needed for the manufacturing process
IV.producing goods on demand versus for inventory


Definitions:

Ecosystems Destruction

The degradation or complete elimination of the vital structures and functions of ecosystems, often due to human activities or environmental changes.

Industrialization

An economic system based on using non-animate sources of energy.

Greenhouse Gases

Gases in Earth's atmosphere, such as carbon dioxide, methane, and water vapor, that trap heat and contribute to global warming and climate change.

Environmental Sustainability

The practice of ensuring natural resources are used in a way that maintains their viability and preserves them for future generations.

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