Question: Question 1 1 pts Which statement is not true? Materials that have been purchased from a supplier but not yet sold to the customer are

Question 1 1 pts Which statement is not true?

Question 1 1 pts Which statement is not true? Materials that have been purchased from a supplier but not yet sold to the customer are our inventory. There are different types of inventory such as raw material, component, work-in-process, and finished goods inventory. One of the reasons to hold inventory is to ensure a high level of customer service. The goods shipping from point A to point B is not a type of inventory. Question 2 1pts Which of the following statement is not true? We can hold inventory to buffer against uncertainty. The uncertainty the inventory buffer against could come from both supply and demand. If there is no uncertainty, we would not need any inventory. One of the reasons to hold inventory is the speculation of future events

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