Which of the Following Statements Is FALSE

question 11

Multiple Choice

Which of the following statements is FALSE?

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

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Definitions:

Associative Learning

A learning process in which a connection is made between two stimuli or between a stimulus and a reaction, foundational to understanding human and animal behavior.

Non-associative Learning

A form of learning characterized by a change in response to a stimulus due to repeated exposure, without the need for association with a different stimulus.

Observational Learning

The acquisition or modification of a behavior after exposure to at least one performance of that behavior.

Operant Conditioning

A training technique that adjusts the potency of a conduct via positive reinforcement or disciplinary measures.