Which might be attributed to efficient inventory management

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Reference no: EM132769632

Problem 1: Which of the following might be attributed to efficient inventory management?

a. High inventory turnover ratio
b. Low incidence of production schedule disruptions
c. High total asset turnover
d. All of the above
e. Only answers a and c above

Problem 2: Which of the following statements is correct?

a. In a factoring arrangement, the factor always performs three functions: (1) credit checking, (2) lending, and (3) receivables collection
b. In a factoring arrangement, the factor would not perform the credit checking and risk taking function without performing the lending function, because the former are required before the factor can lend to the seller
c. In a factoring arrangement, the seller can select various combinations of credit checking, lending, and risk bearing the factor performs by changing provisions in the factoring agreement
d. None of the above

Reference no: EM132769632

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