Which of the Following Is NOT True of the GI

question 44

Multiple Choice

Which of the following is NOT true of the GI Bill?

• A) It caused a dramatic increase in college enrollments.
• B) It enabled many veterans to buy new homes.
• C) Its huge cost did not justify its benefits.
• D) It led to the creation of the Veterans Administration.
• E) It is also known as the Servicemen's Readjustment Act.

---

Definitions:

Inventory Turnover

A measure of how many times a company's inventory is sold and replaced over a particular period, indicating efficiency in inventory management.

Annual Reports

Comprehensive reports produced annually by companies to detail their financial performance, operations, and future outlook.

Year-End Inventory

Year-End Inventory is the total value of all inventory held by a company at the end of its fiscal year, crucial for financial reporting and tax calculations.

Weighted Average Cost

A method of inventory valuation that calculates the cost of goods sold and ending inventory based on the average cost of all units available for sale.