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QUESTION 7 Which of the following statements is false about inventory management? O A 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 8 In regards to marketable securities which of the following statements is true? O Treasure bills are considered to be the most risk free asset O Repurchase agreements are considered to be capital market instruments. O Money market securities are long term investments. All of the above are false