Which of the Following Is True About Inventory Management for the Small

question 105

Multiple Choice

Which of the following is true about inventory management for the small business owner?

• A)Most small business owners have turned to technology and computer spreadsheets to achieve maximum efficiency in managing it.
• B)Inventory is the largest capital investment for most businesses, but few owners use any formal means for managing it.
• C)Inventory is generally highly liquid and can be easily mortgaged to a bank for immediate cash, if needed.
• D)Inventory yields a return of about 25 percent for manufacturing firms but nothing for service companies.

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Definitions:

Correlation

A statistical measure that describes the extent to which two variables change together.

Percent Alive

The proportion, usually expressed as a percentage, of individuals in a population that are alive at a given time.

Electronically Activated Recorder

A device used to capture audio data within an environment, often used in research to record snippets of ambient sounds and conversations.

Participants' Privacy

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