Which of the Following Actions Will Tend to Decrease the Inventory

question 13

Multiple Choice

Which of the following actions will tend to decrease the inventory period?
I.discontinuing all slow-selling merchandise
II.selling obsolete inventory below cost just to get rid of it
III.buying raw materials only as needed for the manufacturing process
IV.producing goods on demand versus for inventory

• A)I and III only
• B)II and IV only
• C)II, III, and IV only
• D)I, II, and III only
• E)I, II, III, and IV

Explore the dynamics and challenges of intercultural communication.

Recognize the influence of authority hierarchy on communication patterns.

Understand various conflict resolution strategies, including problem-solving and win-lose approaches.

Recognize the importance and process of brainstorming in generating ideas.

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Definitions:

Broker Commission

A fee paid to a broker for their services, usually a percentage of the transaction value.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a basis for computing rates of return and evaluating its capital structure.

Lower Of Cost

A method used in accounting to value and report assets and inventory at the lower of its historical cost or current market value.

Market

A place or mechanism where parties engage in exchange of goods, services, or information.