In General,it's Better to Have a Low Inventory Turnover Ratio

question 91

True/False

In general,it's better to have a low inventory turnover ratio than a high one,as a low ratio indicates that the firm has an adequate stock of inventory relative to sales and thus will not lose sales as a result of running out of stock.

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Definitions:

Health Care

The maintenance or improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.

Government Funding

Government funding refers to financial support provided by a government for projects, services, or to assist sectors of the economy.

Pediatric Care

Comprehensive medical care and services provided to infants, children, and adolescents, focusing on their growth, development, and health issues.

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The Health Insurance Portability and Accountability Act, a US law designed to provide privacy standards to protect patients' medical records and other health information.