Lily, an internal audit staff for a food manufacturing company, was asked by her supervisor

Lily, an internal audit staff for a food manufacturing company, was asked by her supervisor to perform inventory turnover analysis? Which of the following represents the most useful function of such analysis?
Group of answer choices
Identifying a need for new company staff for inventory support.
Identifying the best supplier.
Identifying the need for more efficient method to manufacture finished products.
Identifying excess or obsolete inventory.

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