When a Company's Product Is Nontangible (A Service), Inventory Is

question 94

True/False

When a company's product is nontangible (a service), inventory is no longer a viable option.

---

Definitions:

Corporal Punishment

A disciplinary method involving the use of physical force with the intention of causing a child to experience pain, but not injury, for the purposes of correction or control.

Criminal Behavior

Actions that violate laws and are punishable by the state or other authority.

Correlation

A statistical measure that describes the extent to which two variables change together, but does not necessarily imply causation.

Mental Alertness

The state of being fully attentive and responsive to the environment or stimuli, characterizing good cognitive functioning.