Which of the Following Measures the Relationship Between Cost of Merchandise

question 108

Multiple Choice

Which of the following measures the relationship between cost of merchandise sold and the amount of inventory carried during the period?

• A) inventory turnover
• B) number of days' sales in inventory
• C) retail method of inventory costing
• D) gross profit method of inventory costing

---

Definitions:

Message

Information or data conveyed from one process or system to another, often via communication protocols or messaging systems.

String

A sequence of characters treated as a single data entity, commonly used to represent text in programming.

Char

Char is a data type in C and C++ programming languages that is used to store single characters, usually represented in a single byte.