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Which of the following is true of inventory level? A. A manufacturing manager would keep raw materials inventories low to ensure use of latest materials in production process. B. A marketing manager would like to have smaller inventories of finished products to ensure production of goods as per customer specification. C. A purchasing manager would purchase higher inventories when prices are low and lower inventories when prices are high irrespective of inventory requirement. D. A financial manager would keep inventory levels low to ensure that the ?firm’s money is not unwisely invested in excess resources.

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