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Remaining time: 50 mi Res, 50 seconds. Question Completion Status: QUESTION 12 Which of the following statements is false about inventory management? OA method that categorizes inventory based on their criticalness can be known as the ABC method. O The Economic Order Quantity method (EOQ) measures the optimal inventory sizes that should be ordered at once to have a more efficient and minimal inventory cost. O The Just-In-Time method (JIT) orders surplus inventory to avoid a stock-out problem. All of the above are true. QUESTION 13 In regards to cash management it is believed that: O It is important to hold cash to meet day to day cash transaction needs, One of the costs of holding cash is the loss of possible investment opportunities. Holding cash is useful in case of unexpected emergencies. O All of the above are true. Click Save and Submit to save and submit. Click Save All Answers to save all answers