Which of the Following Is True of Inventory Level

question 52

Multiple Choice

Which of the following is true of inventory level?

• A) A purchasing manager would purchase higher inventories when prices are low and lower inventories when prices are high irrespective of inventory requirement.
• B) A marketing manager would like to have smaller inventories of finished products to ensure production of goods as per customer specification.
• C) A financial manager would keep inventory levels low to ensure that the firm's money is not unwisely invested in excess resources.
• D) A manufacturing manager would keep raw materials inventories low to ensure use of latest materials in production process.

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Definitions:

Growth

The process of increasing in physical size, complexity, or capability, often through cell multiplication in biological contexts.

Proteins

Large, complex molecules essential for the structure, function, and regulation of the body’s tissues and organs.

Plant Sources

Organisms from the plant kingdom that provide resources for food, medicine, materials, and energy.

Animal Sources

Origin of products or substances derived from animals.