Replenishment Rates Should Not Vary by More Than ____ of the Manufacturer's

question 7

Multiple Choice

Replenishment rates should not vary by more than ____ of the manufacturer's recommendation.

• A)±1%
• B)±2%
• C)±5%
• D)±10%

---

Definitions:

Cash

Money in the form of coins and banknotes, which is used to carry out transactions.

Inventory

The quantity of goods and materials on hand in a business, crucial for meeting customer demand and efficient operation.

Building

A structure with a roof and walls, such as a house or factory, designed for residential, commercial, or industrial purposes.

Accounting Cycle

Set of activities involved in converting information and individual transactions into financial statements.