Which of the Following Represents the Most Useful Function of Inventory

question 98

Multiple Choice

Which of the following represents the most useful function of inventory turnover analysis?

• A) Identifying excess inventory, including obsolete inventory.
• B) Determining the best supplier of raw materials based on cost comparison.
• C) Creating new staffing positions for inventory support.
• D) Developing more efficient methods for manufacturing finished products.

---

Definitions:

Pay Equity

Refers to the principle of equal pay for work of equal value, aimed at eliminating gender and other discriminatory wage differentials.

Female And Male Employees

Refers to the gender diversity in the workforce, recognizing the contributions and needs of both women and men in the workplace.

Pay Equity

The principle or policy of providing equal pay for work of equal value by eliminating gender and other discriminatory factors in compensation.

Human Rights Legislation

Laws designed to protect individuals' basic rights and freedoms, often including protections against discrimination and ensuring equal opportunity in the workplace.