The inventory held in case demand exceeds expectation in order to counter uncertainty is called

A) cycle inventory.
B) safety inventory.
C) seasonal inventory.
D) sourcing.


Answer: B

Business

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Rodeo, Inc. has a contribution margin ratio of 45%. This month, profit was $40,000 and fixed costs were $50,000. How much was Laredo's sales revenue?

A. $40,500 B. $200,000 C. $111,111 D. $90,000

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The Certified Information Systems Auditors (CISA) designation identifies those professionals possessing IT audit, control and security skills. How do you think a professional designation is helpful for IT auditors?

What will be an ideal response?

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Which of the following statements about neutral or positive messages is incorrect?

A) They may be presented in any communication medium. B) They may be internal or external. C) They typically use the direct organizational pattern. D) They cover routine topics. E) They are not important to the success of the business.

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________ is a cost factor performance characteristic of Manufacturer or Distributor Storage with Customer Pickup that is lower than the use of package carriers, especially if using an existing delivery network

A) Transportation B) Inventory C) Information D) Facilities and Handling

Business