Question: Please assist me with Question 3.1, 3.2 and 3.3 QUESTION 3 (10 Marks) Inventory is also known as a stock-keeping unit or SKU. As such,

Please assist me with Question 3.1, 3.2 and 3.3

QUESTION 3 (10 Marks) Inventory is also known as a "stock-keeping unit" or SKU. As such, Inventory refers to a distinct type of product or service that is for sale. 3.1 Is the above statement about inventory True or False? (1 mark) 3.2 Provide an explanation (if the statement is true) or a correction (if the statement is false) supporting your choice. (5 marks) 3.3 Identify the four (4) functions that inventory serves. (4 marks)

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