Select the True Statement from the Choices Below

question 95

Multiple Choice

Select the true statement from the choices below.

• A)Inventory stores and warehousing are both concerned with raw materials.
• B)Neither inventory stores nor warehousing are concerned with raw materials.
• C)Inventory stores is concerned with raw materials and warehousing is concerned with finished goods.
• D)Inventory stores is concerned with finished goods and warehousing is concerned with raw materials.

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Definitions:

Investment Swindle

A fraudulent scheme designed to deceive investors into giving money on the premise of receiving significantly higher returns.

Ponzi Scheme

A fraudulent investing scam promising high rates of return with little risk to investors, which generates returns for earlier investors by acquiring new investors.

Fictitious Sources

Information or references claimed in a work or argument that do not actually exist; often used to mislead or fabricate support.

Necessity Defense

A legal defense asserting that a criminal act was justified because it was necessary to prevent a more serious harm.