Solved

Which of These Is Not an Advantage of a Shorter

Question 10

Multiple Choice

Which of these is not an advantage of a shorter inventory turnover period?


A) It means that fewer funds are tied up in inventory so more are available for use in the business.
B) It means that inventory is less likely to become obsolete or out of date.
C) It means that less storage space is needed for inventory.
D) It means that management can have the cost advantage of buying in bulk.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions