If Inventory Is Turned Over 8 Times a Year, What

question 42

Multiple Choice

If inventory is turned over 8 times a year, what is the inventory turnover period in days?

• A)7 days.
• B)46 days.
• C)19 days.
• D)70 days.

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Definitions:

Prescribed Method

A specific, recommended way or procedure to accomplish a task or solve a problem, often detailed in official guidelines or instructions.

Quantitative Research

Is a research methodology that focuses on collecting and analyzing numerical data to identify patterns, behaviors, and relationships among variables.

Theoretical Idea

A conceptual framework or set of principles aimed at explaining phenomena or guiding further research.

Research Method

A systematic approach to collecting data and conducting analysis in order to answer a question or test a hypothesis, employed across various scientific and scholarly fields.