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Use the information in BE 182 to answer the following questions.
1. What is the balance in Accounts Payable at June 30, 2014?
2. What is the balance in Accounts Receivable at June 30, 2014?
Downstream Costs
Costs incurred after the production process, including distribution, marketing, and customer service expenses.
Business Process Re-engineering
The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance such as cost, quality, service, and speed.
Work Flow
Work Flow is the sequence of processes through which a piece of work passes from initiation to completion, often in a business or manufacturing context.
Process Map
A visual representation of the steps involved in a process, showing how tasks are connected and flow from one to the next.
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