According to a Survey of Manufacturers Who Have Embarked on Value

question 123

Multiple Choice

According to a survey of manufacturers who have embarked on value chain management initiatives, ________ was a benefit that companies reported.

• A)increased sales
• B)cost savings
• C)increased market share
• D)improved logistics
• E)decreased competition

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Definitions:

Accounts Receivable

Amounts owed by customers on account.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, often used to assess liquidity and cash requirements.

Financing Section

A part of the cash flow statement that shows the net flows of cash used to fund the company’s capital expenditures and financial investments.

Budgeted Income Statement

The Budgeted Income Statement is a financial forecast that projects a company’s revenues, expenses, and net income for a specific period.