Factual Cause Is Also Known as Which of the Following?​

question 45

Multiple Choice

Factual cause is also known as which of the following?​

• A) ​"but for" cause
• B) ​legal cause
• C) ​proximate cause
• D) ​intervening cause

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Definitions:

Dependent Demand

Refers to the demand for components or raw materials that is driven by, and directly related to, the demand for the finished goods they contribute to.

Independent Demand

The need for a product or service that is not influenced by the demand for other products, often applied in inventory management and forecasting.

Inventory

The raw materials, work-in-process products, and finished goods considered to be part of a business's assets that are ready or will be ready for sale.

Inventory Carrying Cost

The total expenses associated with holding inventory, including storage, insurance, taxes, opportunity costs, and potential obsolescence.