_____ Refers to the Inventory That the Company Holds to Help

question 68

Multiple Choice

_____ refers to the inventory that the company holds to help ensure that it won't run out of products if there is a delay or crisis in a distant manufacturing region.

• A)Stock of record
• B)Stock split
• C)Safety stock
• D)Stock call
• E)Stock-out

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Definitions:

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including the cost of the materials and labor directly involved in creating the product.

Percentage

A way of expressing a number as a fraction of 100, denoted by the symbol %.

Rate

A specified measure or quantity considered in relation to another quantity or measure, often used in financial contexts to describe interest or growth rates.

Proportion

A part, share, or number considered in comparative relation to a whole.