Which of the Following Statements About Inventory Is NOT True

question 40

Multiple Choice

Which of the following statements about inventory is NOT true?

• A) Managing an inventory requires balancing between availability and cost.
• B) Inventory includes raw materials, in-process work, and finished goods.
• C) Inventory management decisions are limited to the size of the inventory.
• D) Managing inventory focuses on order frequency and the size of reorders.

---

Definitions:

Right to Safety

The principle that individuals should be protected against products, production processes, and services that are hazardous to health or life.