The ________ Inventory System Takes into Account the Outgoing Sales

question 33

Multiple Choice

The ________ inventory system takes into account the outgoing sales and the incoming merchandise to indicate an accurate inventory at the end of each day.

• A)perpetual
• B)periodic
• C)on demand
• D)physical
• E)static

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Definitions:

Cavanagh's Criteria Questions

A set of questions developed to assist in ethical decision-making by evaluating the legality, consistency with company values, and the likely impact of a decision on stakeholders.

Ethics

The principles and moral values that govern the behaviors and decision-making of individuals and organizations.

Decision-Making

The method of selecting options through recognizing a decision, collecting data, and evaluating different solutions.

Representativeness Heuristic

Bases a decision on similarities between the situation at hand and stereotypes of similar occurrences.