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NEW QUESTION: 1

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

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

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. Economic order quantity (EOQ) model.
B. ABC system.
C. Just-in-time inventory system.
D. Materials requirements planning (MRP) system.
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.