Assets Tied Up in Inventory Are Referred to as Nonproductive

question 11

True/False

Assets tied up in inventory are referred to as nonproductive assets.

---

Definitions:

Primary Purpose

The main or most important reason for something's existence or for doing something, often driving the design or execution of a process or product.

Negative Messages

Communications that convey refusal, denial, or displeasing information to the recipient.

Refuse A Request

The polite or strategic way of declining someone's plea or requirement.

Organization

An arranged group of people with a particular purpose, such as a business, government body, or charity.