1. _______ is a system for managing demand-dependent inventories that minimizes the inventory holdings of the firm at any given time.

   A.

   Just-in-time inventory

   B.

   Turnover inventory

   C.

   Net working capital planning

   D.

   Inventory scoring

   E.

   Inventory ranking

1. The credit instrument is the _________________________.

   A.

   legal document submitted to the IRS for every business transaction in the United States.

   B.

   basic evidence of indebtedness in a credit transaction.

   C.

   cost of obtaining financing on consumer products.

   D.

   means of payment chosen by the purchaser in a standard EOM transaction.

   E.

   receipt for payment issued by the firm on its cash disbursements.