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pompa pompa
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7 years ago
Which of the following is true of inventory level?
A) A purchasing manager would purchase higher inventories when prices are low and lower inventories when prices are high irrespective of inventory requirement.
B) A marketing manager would like to have smaller inventories of finished products to ensure production of goods as per customer specification.
C) A financial manager would keep inventory levels low to ensure that the firm's money is not unwisely invested in excess resources.
D) A manufacturing manager would keep raw materials inventories low to ensure use of latest materials in production process.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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7 years ago
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Correct Slight Smile TY
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