Which of the Following Statements Is Most Correct

question 60

Multiple Choice

Which of the following statements is most correct?

• A) Other things held constant, the higher a firm's days sales outstanding (DSO), the better its credit department.
• B) If a firm that sells on terms of net 30 changes its policy and begins offering all customers terms of 2/10, net 30 days, and if no change in sales volume occurs, then the firm's DSO will probably increase.
• C) If a firm sells on terms of 2/10, net 30 days, and its DSO is 30 days, then its aging schedule would probably show some past due accounts.
• D) Statements a and c are correct.
• E) None of the statements above is correct.

Recognize the significance of real-time data and predictive analysis in CRM.

Understand different types of flows within supply chain management (SCM), including information, financial, and material flows.

Recognize and explain the bullwhip effect and its impacts on the supply chain.

Identify and describe the components of supply chain management (SCM).

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Definitions:

Federal Taxes

Taxes levied by the national government of the United States on income, property, and goods and services.

Pay Period

The regular schedule by which employers pay wages to employees, such as weekly, biweekly, or monthly.

Social Security Taxes

Taxes levied on both employees and employers to fund the Social Security program, providing retirement, disability, and survivor benefits.

Wages

are payments made to employees for their services, typically calculated on an hourly, daily, or piecework basis.