Which of the Following Is the Process of Designing,managing,and Improving

question 80

Multiple Choice

Which of the following is the process of designing,managing,and improving the movement of products through the supply chain?

• A)logistics
• B)materials handling
• C)warehousing
• D)distribution strategy
• E)inventory management

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Definitions:

GAAP

Stands for Generally Accepted Accounting Principles, which are a common set of accounting rules and standards used in the United States.

Notes Payable

Written agreements where a borrower promises to pay back a specified sum to the lender at a future date.

Adjusting Entry

A journal entry made at the end of an accounting period to record any unrecognized income or expenses for that period.

Sales Tax

Sales tax is a government levy imposed on the sale of goods and services, collected by the seller from the buyer at the point of sale.