Post Utme Covenant University 2020 Commerce Question 12

Practice objective / multiple choice question 12 from the 2020 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2020 Commerce Objective / Multiple Choice
Question 12 POST_UTME_COVENANT_UNIVERSITY • 2020 • COMMERCE • objective

A firm's warehousing and stock control system involves the use of a just-in-time inventory system. What is the main advantage of this system?

Answer Options

A. Reduced inventory costs
B. Improved customer service
Correct Answer C. Increased inventory turnover
D. Reduced transportation costs
Correct Answer
C
Correct Option:
Increased inventory turnover

About This Question

This is Post Utme Covenant University 2020 Commerce Question 12. It is one of the objective questions from the 2020 Post Utme Covenant University Commerce examination.

View More Post Utme Covenant University 2020 Commerce Questions More Post Utme Covenant University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support