The Inventory in an Existing Business

question 28

Multiple Choice

The inventory in an existing business:

• A)is always current and salable.
• B)usually appreciate over time,making the business a bargain.
• C)needs to be checked for age and salability.
• D)is usually stated honestly and does not need independent auditing.

---

Definitions:

Foster Care

A system in which minors are placed with a state-certified caregiver until they are either adopted, returned to their family, or age out of the system, often due to the original family's inability to care for them safely.

Incarcerated

Detained or confined in a prison or jail.

Compromised Family Coping

A situation where a family's usual way of handling stress and problems is overwhelmed or inadequate.

Impending Death

The state of being near death or on the verge of dying, often used in a medical context to describe a terminal condition.