Which of the Following Statements Is True of a Good

question 46

Multiple Choice

Which of the following statements is true of a good merchandise inventory control system?

• A)It eliminates the need for authorization of merchandise purchases.
• B)It ensures that a physical count of inventory is not required.
• C)It often prevents the company from a stockout.
• D)It eliminates the need to examine inventory purchases for damage.

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Definitions:

Socio-cultural-economic-political Influences

Factors stemming from societal, cultural, economic, and political realms that affect individuals and communities.

Biological Or Genetic

Pertains to the aspects of an organism that are determined by genes and heredity.

Learned Behavior

Behavior that has been acquired through experience or taught, contrasting with behaviors that are instinctual or innate.

Subjective Distress

The personal and individual experience of discomfort, pain, or suffering, which can vary greatly from one person to another and is not always visible to outsiders.