Through the Use of ________, a Company Is Able to Know

question 57

Multiple Choice

Through the use of ________, a company is able to know exactly where a product is located within the distribution channel.

• A) ERP
• B) RFID
• C) PRM
• D) VMS
• E) JIT

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Definitions:

Liquidity

The ease with which assets can be converted into cash without significantly affecting their price.

Accounts Payable

Liabilities of a business representing money owed to creditors for purchases of goods and services made on credit, expected to be paid off within a year.

Cash Sales Policy

A company's practice of selling products or services for cash, rather than extending credit to customers.