Question

Which of the following metrics represents the frequency of inventory replacement? Multiple Choice Inventory cycle time Customer order cycle time Back order Inventory turnover

Answer 1

Answer:

The correct answer is Inventory turnover.

Explanation:

It is an accounting quantity that aggregates all the income that a company or accounting unit has had, due to its ordinary activity, in a given period of time.

Revenues are accounted for when they are made independently of the monetary flow, that is, the moment of payment is not taken into account. In addition, the volume of sales or business is increased as the activity grows on the part of the company and not when monetary contributions are produced by the partners.