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The Phrase Inventory Turns Refers To

Question 31

Multiple Choice

The phrase inventory turns refers to:


A) the stock of inventory returned to a manufacturer due to poor quality.
B) also known as gross-profit margin turnover.
C) the number of times an inventory item moves within a warehouse.
D) the time it takes a product to be replaced by a newer model or upgraded product.
E) the number of times inventory is sold or used during a specific period.

Correct Answer:

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