Which of the Following Statements Is NOT TRUE

question 50

Multiple Choice

Which of the following statements is NOT TRUE?

• A) Inventory is any asset held for future use or sale.
• B) When using ABC analysis, "C" items comprise of a small dollar value.
• C) Stock keeping unit (SKU) is a single item or asset stored at multiple locations.
• D) The lead time is the time between placement of an order and its receipt.

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Definitions:

Calcium

A chemical element important for bone and teeth health, muscle function, and nerve signaling.

Lean-Body Mass

The portion of body composition that is made up of muscles, organs, bones, and other tissues excluding body fat.

Racial

Pertaining to race or races, often used in contexts discussing diversity, discrimination, or characteristics attributed to different ethnic groups.

Ethnic

Pertaining to a group of people who identify with each other based on common ancestral, social, cultural, or national experiences.