Which of the Following Statements Is FALSE

question 65

Multiple Choice

Which of the following statements is FALSE?

• A)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.
• B)Inventory management receives extensive coverage in courses on operations management.
• C)Unlike trade credit, inventory represents one of the required factors of production.
• D)Under the Modigliani-Miller assumptions of perfect capital markets, the amount of inventory is irrelevant.

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Definitions:

Catatonia

A psychotic condition characterized by striking motor impairment.

Hallucinations

Experiences involving the apparent perception of something not present, often involving visual or auditory senses but can affect other sensory perceptions.

Schizotypal Personality Disorder

A personality disorder characterized by oddities of thought and behavior but not involving bizarre psychotic behaviors.

Suspiciousness

A tendency to believe, without adequate evidence, that others may be deceiving, harming, or exploiting oneself.