Which of the Following Statements Is True of a Good

question 149

Multiple Choice

Which of the following statements is true of a good merchandise inventory control system?

• A)It minimizes the authorization of purchase of merchandise.
• B)It ensures that a physical count of inventory is not required.
• C)It often prevents the company from a stockout.
• D)It minimizes the authorization of sale of merchandise.

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Definitions:

Ethical Value

The importance placed on moral principles and ethics in decision-making processes, often driving consumer behaviors and business practices.

Company Cookout

A social event organized by a company featuring food cooked outdoors, often intended to foster teamwork and employee morale.

Improvement Ideas

Suggestions or initiatives aimed at enhancing existing processes, products, or services within an organization.

Tyson Foods

An American multinational corporation operating in the food industry, primarily focused on chicken, beef, and pork processing and marketing.