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:

Salaries

Regular payments made by employers to employees for work performed over a specified period, typically monthly or biweekly.

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured, often including preventative healthcare services.

Management Degrees

Academic qualifications focused on teaching the principles of managing businesses and organizations across various sectors.

Theory Y

Assumption that employees enjoy work and seek social, esteem, and self-actualization fulfillment.