Post Utme Igbinedion University 2022 Commerce Question 25

Practice objective / multiple choice question 25 from the 2022 Post Utme Igbinedion University Commerce examination.

Post Utme Igbinedion University 2022 Commerce Objective / Multiple Choice
Question 25 POST_UTME_IGBINEDION_UNIVERSITY • 2022 • COMMERCE • objective

A firm uses a just-in-time inventory system to manage its inventory levels. What is the primary benefit of this system?

Answer Options

A. Reduced inventory costs
Correct Answer B. Improved inventory turnover
C. Increased inventory levels
D. Reduced production costs
Correct Answer
B
Correct Option:
Improved inventory turnover

About This Question

This is Post Utme Igbinedion University 2022 Commerce Question 25. It is one of the objective questions from the 2022 Post Utme Igbinedion University Commerce examination.

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