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:

Trifluoroacetic Anhydride

A chemical reagent used in organic synthesis to introduce trifluoroacetyl groups into molecules.

IUPAC Name

A method endorsed by the International Union of Pure and Applied Chemistry for systematically naming chemical compounds.

Compound

A compound created through the chemical bonding of two or more elements.

IUPAC Name

The systematic name for a chemical substance as designated by the International Union of Pure and Applied Chemistry, used to ensure consistency and clarity.