If Inventory Records Fail to Accurately Reflect the Quantity of Materials

question 51

Multiple Choice

If inventory records fail to accurately reflect the quantity of materials available, all except which of the following may occur?

• A) poor customer service
• B) continuous operations
• C) lower productivity
• D) poor material planning
• E) excessive expediting

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Definitions:

Lifeguard

A person trained and employed to prevent accidents and rescue swimmers in a swimming pool, water park, or beach.

Rescission

The act of revoking, canceling, or repealing a contract, returning all parties to their positions prior to the agreement.

Mutual Agreement

An understanding or contract reached between two or more parties, often formalized by a document, indicating a concurrence of wills or intentions.

Accord And Satisfaction

A contractual agreement where a dispute is settled by the parties involved agreeing to give and accept something of value in resolution.