Which of the Following Measures the Length of Time It

question 85

Multiple Choice

Which of the following measures the length of time it takes to acquire, sell and replace inventory?

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

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Definitions:

Depository Institutions Deregulation

The reduction or elimination of government regulations on banks and similar institutions to foster a more efficient and competitive financial environment.

Checking Accounts

Bank accounts that allow depositors to write checks against deposited funds for payments to third parties.

Reserve Requirements

Regulations set by central banks that determine the minimum amount of reserves a bank must hold against deposits, affecting the money supply.

U.S. Government Securities

Financial instruments issued by the United States Department of the Treasury to finance government spending, including bonds, bills, and notes.