Which of the Following Is NOT a Benefit of Cycle

question 8

Multiple Choice

Which of the following is NOT a benefit of cycle counting?

• A)fewer disruptions to daily operations than a complete physical count
• B)providing an ongoing measure of inventory accuracy
• C)focusing on items critical to business processes
• D)less time consuming than using RFID

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Definitions:

National Output

National Output is the total value of all goods and services produced by an economy over a specific period, typically measured as GDP.

Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Employment

The condition of having paid work, or the relationship between an employer and an employee where the employee provides labor in exchange for compensation.

Positive Economics

The branch of economics that focuses on describing and explaining economic phenomena as it actually exists.