Question

Quantitative management emphasizes the use of accounting to provide the needed internal controls related to inventory. True or false?.

Answer 1

Quantitative management emphasizes the use of accounting to provide the needed internal controls related to inventory. This statement is false.

What is Quantitative management?

It should be noted that quantitative management is the use of mathematical techniques to select stocks.

Professionals may arrange and comprehend statistics using quantitative procedures, which are research approaches used to examine quantitative data. This enables them to make wise decisions. It assists managers in creating information systems that convey information about activities taking place both inside and outside the firm.

In this case, Quantitative management emphasizes the use of mathematical and computer simulation.

Therefore, the information regarding accounting is false.

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