A reduction in supply can help dramatically reduce safety inventory required without hurting product availability

Indicate whether the statement is true or false.


Answer: FALSE

Business

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Which inventory cost flow method assigns the average unit cost to all units whether sold or left in ending inventory?

A) Specific identification B) Weighted average C) FIFO D) LIFO

Business

The principle of postponement is modeled by the worker that has known his assignment for several weeks, but waits until the day before the product is to be delivered to begin production

Indicate whether the statement is true or false

Business

Fact Pattern 41-1ACherry Grove Apartments, Inc., merges with Dutch Elm Realty, Inc. Only Dutch Elm remains.Refer to Fact Pattern 41-1A. The articles of the merger agreement differ from Dutch Elm's articles of incorporation. The articles

A. are deemed amended to include the differences. B. are replaced by the merger agreement. C. effectively prevent the merger. D. prevail.

Business

Most states' lien laws cover labor and materials

Indicate whether the statement is true or false

Business