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NEW QUESTION: 1

A. Option C
B. Option B
C. Option A
D. Option D
Answer: B

NEW QUESTION: 2
Identify three activities that you can perform from the Collections Dashboard. (Choose three.)
A. Verify Customer Payments.
B. Record an activity to create a task or tasks to follow up on a delinquent customer.
C. Update the work status of a work item for a delinquent customer.
D. Assign a Collector to a delinquent customer.
E. View the Total Amount Due for delinquent customers.
Answer: B,C,D

NEW QUESTION: 3
The inventory model that follows the concept that 80% of the value of an inventory is in 20% of the inventory items is the:
A. Just-in-time inventory system.
B. ABC system.
C. Materials requirements planning (MRP) system.
D. Economic order quantity (EOQ) model.
Answer: B
Explanation:
The ABC method of inventory control requires management to exert greatest control over the A classification items, which usually include a relatively small percentage of total items but a high percentage of the dollar volume. This method is analogous to the 80/20 rule, which says, for instance, that 20% of the customers account for 80% of the profit.