The inventory turnover figure should be the same no matter what business a company is in.

Name: The inventory turnover figure should be the same no matter what business a company is in.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The inventory turnover figure can vary among businesses depending on their industry and type of goods they sell. Some businesses may have a high turnover rate (e.g. grocery stores), while others may have a low turnover rate (e.g. luxury jewelry stores). Therefore, the answer is false.

The Inventory Turnover Figure Should Be the Same No Matter