Which of the Following Statements Is FALSE

question 11

Multiple Choice

Which of the following statements is FALSE?

• A)Under the Modigliani-Miller assumptions of perfect capital markets,the amount of inventory is irrelevant.
• B)Unlike trade credit,inventory represents one of the required factors of production.
• C)It is the firm's financial manager who must arrange for the financing necessary to support the firm's inventory policy and who is responsible for ensuring the firm's overall profitability.
• D)Inventory management receives extensive coverage in courses on operations management.

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Definitions:

Ironware Accessories

Decorative or functional items made of iron, often used in homes or gardens for aesthetic appeal or utility.

Salesperson

An individual who sells goods or services for a company, often directly interacting with customers to facilitate transactions.

Objection

A reason or argument presented by a customer against purchasing a product or service.

Salesperson

An individual who sells products or services to customers, aiming to meet or exceed sales targets.