A stock-keeping unit (SKU) is an individual item or product that has an identifying code and is held in inventory somewhere along the supply chain

According to the approved residential Contract to Buy and Sell Real Estate, if a buyer is receiving seller financing and has provided the seller with the buyer's credit information,

a. only a lender can review this information for the seller b. the seller must request that the buyer update the information annually c. the seller must not share the information with others d. this information can be shared with other parties the seller knows

Which of the following statements about inventory control is TRUE?

A) Too little inventory may lead to opportunity costs in the form of missed sales. B) Too much inventory may reduce profitability due to increased financing and storage costs. C) Seasonality in sales may require a firm to hold different levels of inventory throughout the year. D) All of the statements about inventory control are true.