As a Manager,you Are Responsible for Managing Inventory

question 65

Multiple Choice

As a manager,you are responsible for managing inventory.Every month you receive a low inventory report that lists stock items that have fallen below a minimum reorder point.This report is a type of ____.

• A) executive report
• B) ad hoc report
• C) summary report
• D) exception report

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Definitions:

Stop Payment Order

A request made to a financial institution to cancel the payment or processing of a check or payment transaction before it has been completed.

90 Days

A period of time consisting of exactly ninety days, often used in reference to deadlines or waiting periods.

Federal Reserve

The central banking system of the United States, responsible for monetary policy, regulating banks, and ensuring financial system stability.

Stop Payment

An order given to a bank to not pay out on a check that has been issued but not yet cashed.