What Does It Mean If Inventory Turnover Changes from 4

question 33

Multiple Choice

What does it mean if inventory turnover changes from 4 times a year to 5 time a year?

• A)on average, it is taking longer to sell inventory.
• B)on average, inventory is being sold faster.
• C)inventory turnover is too slow.
• D)inventory turnover is faster than the industry average.

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Definitions:

Fecal Occult Blood

A test used to detect hidden (occult) blood in the stool, which can be an early sign of colon cancer or other digestive system disorders.

False-Negative

This term refers to a test result which incorrectly indicates that a particular condition or attribute is absent.

Paralytic Ileus

A medical condition characterized by a temporary and severe slowdown or cessation of bowel function.

Hemicolectomy

A surgical procedure involving the removal of one side of the colon, typically to treat conditions such as cancer or severe bowel disease.