A System That Automatically Tracks Inventory Is

question 15

Multiple Choice

A system that automatically tracks inventory is:

• A) Ordering cards
• B) Automatic dispensing systems (ADS)
• C) Handheld inventory computers
• D) Bar coding

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Definitions:

Recognized

Acknowledged or known from one’s achievements, status, or attributes by others.

Federal Unemployment Tax

A tax imposed on employers to fund state workforce agencies. Employers pay this tax to finance unemployment compensation benefits for workers who have lost their jobs.

Form 940

A tax form filed by employers to report their annual Federal Unemployment Tax Act (FUTA) tax.

Failure to Assign Ownership

A situation where responsibilities or tasks are not clearly assigned to specific individuals or teams, often leading to confusion and lack of accountability.