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O-LevelCommerceFinance7100/12 · Oct/Nov 2019 · Q371 Mark

What would be the best method of improving the rate of inventory turnover for a small business selling fast food?

Abuying supplies at lower prices

Bcutting staff wages

Cincreasing the overdraft limit

Dreducing wastage

✓ Correct answer

A: buying supplies at lower prices

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About this question

Topic: Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2019 Paper 1 Variant 2, question 37.

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