A high stock turnover rate is generally associated with high inventory-holding costs.

Name: A high stock turnover rate is generally associated with high inventory-holding costs.
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Question

Quizplus · Accepted Answer

A high stock turnover rate means that inventory is being sold quickly, which reduces the amount of time it spends sitting on shelves and in storage. Therefore, high stock turnover rate is generally associated with low inventory-holding costs, not high.

A High Stock Turnover Rate Is Generally Associated with High