With Respect to Supply Chains and Their Management, It Is

question 142

Short Answer

With respect to supply chains and their management, it is correct to say that
supply chains are very important in the movement of physical goods, but not for the provision of services.
there are increasing concerns about using suppliers from developing countries.
re-engineering can generally not be used as a strategy to improve supply chains.
the globalization of business has reduced the risk of supply chain disruptions.
many global companies have centralized their supply chain management over the past five years.

Understand the possibility and implications of a country having domestic investment exceed national saving.

Calculate and interpret the real exchange rate between currencies.

Learn the significance of net exports and net capital outflow on a country's economy.

Understand the principles of purchasing-power parity and its application to exchange rates.

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Definitions:

Special Journals

Accounting journals designed for recording a specific type of transaction in a detailed manner, such as sales or purchases.

General Journal

A bookkeeping journal where all types of financial transactions are initially recorded, before being transferred to specific accounts in the general ledger.

Closing Journal Entries

Entries made at the end of an accounting period to transfer balances from temporary to permanent accounts.

Revenue Journal

An accounting ledger that records all transactions involving the income earned by the business, specifically from its operations and activities.