Question: The Goal 9 - Chapter 3 1 - 3 5 5 points Alex considers inventory a liability but Lou says it is an asset on

The Goal 9-Chapter 31-35
5 points
Alex considers inventory a liability but Lou says it is an asset on the balance sheet.
Explain and justify both opinions.
Bob wants to change the role production plays in getting sales while traditionally
marketing is responsible for sales. Is Bob's idea in violation of the concept that authority
/ responsibility between the two departments (marketing and production) should be
equal?
According to Lou, what are the two reasons why an organization needs financial
measurements?
To get the discussion moving, Alex suggests the group pretend to be a committee. Why
does this work?
According to Ralph, what is a difference between data and information?
 The Goal 9-Chapter 31-35 5 points Alex considers inventory a liability

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