Which of the Following Actions Will Tend to Decrease the Inventory

question 105

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 they are needed in 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

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Definitions:

Mitosis

A process of cell division that results in two genetically identical daughter cells from a single parent cell, crucial for growth and repair in organisms.

Biochemical Traits

Characteristics at the molecular level, involving chemical processes and substances which occur within living organisms.

Autotrophs

Organisms capable of producing their own organic compounds from simple substances like carbon dioxide, often through photosynthesis, without relying on other organisms for food.

Green Algae

A diverse group of photosynthetic organisms found in various aquatic environments.