Author Question: Which of the following is a benefit of keeping inventory levels low? A) It reduces setup costs. ... (Read 149 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
Which of the following is a benefit of keeping inventory levels low?
 
  A) It reduces setup costs.
  B) It reduces shrinkage costs.
  C) It reduces the loss from lost sales.
  D) It reduces inventory turnover.

Question 2

The flow of data through the accounting information system includes analyzing transactions, journalizing, posting, and preparing a trial balance.
 a. True
   b. False
   Indicate whether the statement is true or false



adammoses97

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

Answer: B

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

For a complete list of videos, visit our video library