The Two Major Categories of Physical Distribution Are

question 59

Short Answer

The two major categories of physical distribution are
transportation and materials handling.
production and operations.
inventory control and quality control.
materials handling and inventory control.
warehousing and transportation.

Identify the components of the research process including analysis and ethical considerations.

Understand how to calculate net sales from gross sales by accounting for sales returns, allowances, and discounts.

Comprehend the recording of sales transactions, including the effect of payment terms on accounts receivable and the sales account.

Grasp the characteristics and the impact of sales returns and allowances on financial statements.

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Definitions:

Economically Disadvantaged

Individuals or groups who lack adequate financial resources, often resulting in limited access to basic needs, education, and opportunities.

Equality

The condition in which individuals have identical status, rights, and chances.

Least Advantaged

Individuals or groups who have the least resources, opportunities, and social advantages in a society.