Which One of the Following Is the Most Important for a Continuous

question 2

Multiple Choice

Which one of the following is the most important for a continuous review system?

• A) Constant lead time.
• B) Fixed order quantity.
• C) POS scanning.
• D) Normal demand distribution.

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Definitions:

Sundry Accounts Column

A column in financial records used for recording miscellaneous transactions that are not frequent or significant enough to warrant their own dedicated account.

Cash Receipts Journal

A dedicated financial journal that tracks all cash inflows to a business, detailing the source and amount of cash received.

Cash Sales

Transactions where payment is made in cash at the time of the sale.

Cash from Sale

The cash received from selling goods or services.