A high inventory turnover ratio indicates that ______.
A) the firm is converting its inventory to profits faster
B) potential for product obsolescence is high
C) inventory is not being replenished
D) potential for product theft and damage is high
Correct Answer:
Verified
Q33: Anticipation inventory is _.
A)inventory held in excess
Q34: Which of the following is NOT a
Q35: An inventory held to reduce or eliminate
Q36: Inventory turnover measured annually is _.
A)the ratio
Q37: Order-fulfillment lead time is _.
A)the average time
Q39: A backorder is _.
A)a customer order a
Q40: Inventory turnover is _.
A)a measure of how
Q41: The ABC classification method classifies inventory based
Q42: Periodic review systems are _.
A)characterized by weekly,monthly,or
Q43: In a single-period system,_.
A)the entire inventory of
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