The Cyclical or Fixed Order Interval Inventory System Is A

question 56

Multiple Choice

The cyclical or fixed order interval inventory system is a:

• A) Time-based operation with periodic reviews
• B) Form of MRP
• C) System that works best with dependent demand
• D) Control system for low value items
• E) Inventory system best used in a job shop

---

Definitions:

Discount Bond

A bond that is sold for less than its face value, typically because the prevailing interest rates are higher than the bond's coupon rate.

Bond Contract

A legal document that outlines the terms of a bond issuance, including the interest rate, maturity date, and issuer's obligations.

Dividend Restriction Clause

A provision in a contract that limits or restricts the ability of a company to pay dividends to its shareholders.

Sinking Fund Clause

A provision in a bond contract that requires the issuer to periodically set aside funds to retire a portion of the debt before it matures.