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At Chaparral Steel,delivery Times,sales,profits,and Customer Service and Loyalty Have Been

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At Chaparral Steel,delivery times,sales,profits,and customer service and loyalty have been boosted by a system that gives customers electronic access to the mill's inventories.What is the name of this kind of system?


Definitions:

Consolidation Process

The method of combining and presenting the financial data of a parent company and its subsidiaries as one entity's financial statements.

Consolidation Worksheet

A tool used in the preparation of consolidated financial statements that combines the financial information of a parent company and its subsidiaries.

Consolidated Financial Statements

Financial statements that present the financial position and operating results of a parent company and its subsidiaries as one entity.

Ledger Accounts

The individual records that summarize all the transactions related to a particular item over a period, forming part of the company’s financial statements.

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