Under A(n)________,buyers Share Sales and Inventory Information Directly with Key

question 80

Multiple Choice

Under a(n) ________,buyers share sales and inventory information directly with key suppliers.

• A) intranet system
• B) vendor-managed inventory system
• C) inventory system
• D) trading exchange
• E) router

---

Definitions:

Petty Cash

A petty cash reserve intended for settling small expenses that don't justify the use of a check.

Cash Over and Short

An account used to report a discrepancy between the physical cash counted and the expected amount in a company's records, representing either an excess or shortage.

Journal Entry

The record of a financial transaction in an accounting system whereby debits and credits are made to various accounts to maintain balance.

Petty Cash

A small amount of cash kept on hand for making immediate payments for small expenses.