To Encourage More Candid Disclosure of Wrongdoing in Federal Agencies

question 39

Multiple Choice

To encourage more candid disclosure of wrongdoing in federal agencies, Congress passed the __________ in 1989.

• A) Securities and Exchange Commission
• B) Whistleblower Protection Act
• C) Administrative Relief Act
• D) Pendleton Act
• E) Public Disclosure Act

---

Definitions:

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a certain period of time, indicating the efficiency of inventory management.

Holding Cost Rate

The expense incurred for storing unsold goods, including warehousing, insurance, and spoilage costs.

Economical

Characterized by efficiency and avoidance of waste; making prudent use of resources.

Holding Cost Rate

The cost associated with keeping inventory in storage, including warehousing, insurance, depreciation, and opportunity costs, usually expressed as a percentage of inventory value per unit of time.