Computer Inventory Systems Are Often Programmed to Produce a Cycle

question 34

Multiple Choice

Computer inventory systems are often programmed to produce a cycle count notice in which of the following case?

• A)When the record shows a near maximum balance on hand
• B)When the record shows positive balance but a backorder was written
• C)When quality problems have been discovered with the item
• D)When the item has become obsolete
• E)When the item has been misplaced in the stockroom

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Definitions:

Initial Investment

The amount of money used to start a project, purchase assets, or acquire a stake in a business.

Net Present Value

A financial metric that calculates the value of a series of cash flows by discounting them to the present value, used to assess the profitability of an investment.

Cash Flows

The overall volume of capital moving into and exiting a corporation, notably impacting its cash flow.

Interest Rates

The cost of borrowing money, usually expressed as a percentage of the amount borrowed, paid over a specific period.