Which of the Following Can Be Described as Direct Finance

question 122

Multiple Choice

Which of the following can be described as direct finance?

• A)You take out a mortgage from your local bank.
• B)You borrow $2,500 from a friend.
• C)You buy shares of common stock in the secondary market.
• D)You buy shares in a mutual fund.

Understand the foundational elements necessary for successful collaborative planning, forecasting, and replenishment (CPFR) in supply chains.

Understand the concept and disadvantages of vendor-managed inventory.

Comprehend the importance of forecasting in retail, specifically for high fashion, and the various approaches used.

Grasp the principles and benefits of Collaborative, Planning, Forecasting, and Replenishment (CPFR) in supply chains.

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Definitions:

Worksheet Income Statement

is a financial statement that preliminarily combines income and expenses data in worksheet form to calculate net income or loss.

Normal Balance

The part of an account (either debit or credit) that is used to log increments in the account's value.

Financial Statement

A formal record of the financial activities and position of a business, individual, or other entity, including balance sheets, income statements, and statements of cash flows.

Permanent/Temporary

Refers to accounts or methods in accounting that either endure indefinitely (permanent) or have an expiration or closing time (temporary).