Which of These Is Not an Advantage of a Shorter

question 37

Multiple Choice

Which of these is not an advantage of a shorter inventory turnover period?

• A)It means fewer funds are tied up in inventory so more are available for use in the business.
• B)It means less storage space is needed for inventory.
• C)It means that management can have the cost advantage of buying in bulk.
• D)It means that inventory is less likely to become obsolete or out of date.

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Definitions:

Generalization

The process or method of formulating general concepts by abstracting common properties of specific instances.

Specific Conclusion

A definite and detailed end statement in an argument or presentation, drawn from the information and analysis provided beforehand.

Deduction

The process of reasoning from general principles to specific conclusions, or the elimination of possible causes until only one remains.

Persuasive Business Messages

Communications designed to influence or convince stakeholders of a business's value proposition.