The Stock of Materials, Inputs, and Parts an Organization Has

question 30

Multiple Choice

The stock of materials, inputs, and parts an organization has on hand at a particular time is called its ________.

• A) fixed assets
• B) intangible assets
• C) inventory
• D) surplus

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Definitions:

Frequency Distribution

A frequency distribution shows how often each different value in a set of data occurs.

Qualitative Variable

A variable that categorizes or describes attribute or characteristic of a subject, not measured with numbers.

Overall Quality

A general assessment or measure of the effectiveness, performance, or reliability of a product, service, or process.

Packaging

The process and design involved in protecting and enclosing products for distribution, storage, sale, and use.