What must be monitored in order to manage risk of consumer product inventory obsolescence?

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IIA IIA-CIA-Part3-3P Question Answer

What must be monitored in order to manage risk of consumer product inventory obsolescence?

1) Inventory balances.

2) Market share forecasts.

3) Sales returns.

4) Sales trends.

A.

1 only

B.

4 only

C.

1 and 4 only

D.

1, 2, and 3 only

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Which is the least effective form of risk management?

An organization has recorded the following profit and expenses:Profit before interest and tax$200,000Sales$2,300,000Purchases of materials$700,000Interest...

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