which type of inventory is an example of a companys inventory?\nemployees who perform accounting for the…

which type of inventory is an example of a companys inventory?\nemployees who perform accounting for the company\na paintbrush that has already been purchased by a customer\nboxes of cereal on a grocery store shelf\na list of items that the company wants to order\nquestion 2\n3 pts\nwhat problem is a store likely to face if it orders too much inventory?\npaying too much in storage and insurance for the inventory\nlosing customers to competitors that offer the same product\nmissing the chance to get price breaks on large orders\nrunning out of inventory when there is a demand

which type of inventory is an example of a companys inventory?\nemployees who perform accounting for the company\na paintbrush that has already been purchased by a customer\nboxes of cereal on a grocery store shelf\na list of items that the company wants to order\nquestion 2\n3 pts\nwhat problem is a store likely to face if it orders too much inventory?\npaying too much in storage and insurance for the inventory\nlosing customers to competitors that offer the same product\nmissing the chance to get price breaks on large orders\nrunning out of inventory when there is a demand

Answer

Brief Explanations:

For the first question, inventory refers to goods held for sale in the ordinary course of business. Employees are not inventory. A sold paint - brush is no longer the company's inventory. A list of items to order is not yet inventory. Boxes of cereal on a grocery store shelf are part of the store's inventory for sale. For the second question, ordering too much inventory leads to increased storage and insurance costs. Losing customers to competitors may be due to other factors like price or quality, not over - ordering. Over - ordering doesn't mean missing price breaks. Running out of inventory is the opposite of over - ordering.

Answer:

Question 1: boxes of cereal on a grocery store shelf Question 2: paying too much in storage and insurance for the inventory