Inventory
A) is held against uncertain usage so that a supply of items is available if needed.
B) constitutes a small part of the cost of doing business.
C) is not something that can be managed effectively.
D) All of the alternatives are correct.

Question

Quizplus · Accepted Answer

Inventory is held to ensure that there is a supply of items available to meet uncertain demand, making option A correct. Options B and C are incorrect as inventory can be a significant cost and can be managed effectively.