Which Concept Refers to the Storage of Finished Product and Movement

question 9

Multiple Choice

Which concept refers to the storage of finished product and movement to the customer?

• A)supply chain management
• B)business logistics
• C)physical distribution
• D)materials management

---

Definitions:

Fully Depreciated

Fully Depreciated refers to an asset that has reached the end of its useful life, and its book value is equal to its salvage value in the financial records.

Double Diminishing-Balance

A method of accelerated depreciation which charges depreciation at a higher rate in the early years of an asset's life.

Accumulated Depreciation

The total amount of an asset's cost that has been allocated as depreciation expense over its useful life.