Which of the following is the objective of inventory management?

CS Executive · Cost and Management Accounting · PYQS · June 2019
Which of the following is the objective of inventory management?
(A) To ensure timely delivery of inventory for production
(B) To avoid under or over production
(C) To maintain investment in inventories at lowest level
(D) All of the above

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Material Cost

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