A Stock-Keeping Unit (SKU) Is a Unique Identifier for Each

question 59

True/False

A stock-keeping unit (SKU) is a unique identifier for each distinct brand.

---

Definitions:

Residual Income

The excess of operating income over a minimum acceptable operating income.

Operating Cash Flows

Operating cash flows refer to the cash generated from the normal operations of a business, including cash receipts and payments for goods, services, and other routine company activities.

Financial Performance

A measure of how well a company uses its assets to generate revenues and manage its financial activities.

Operating Income

Income generated from regular business operations, calculated by subtracting operating expenses from gross profit.