Which of the Following Activities Would Be Most Closely Associated

question 271

Multiple Choice

Which of the following activities would be most closely associated with inbound logistics?

• A) Arranging equipment on the factory floor so that materials move smoothly and efficiently from one work station to the next
• B) Evaluating various shipping methods to find the most efficient way to transport goods to the final customer
• C) Establishing a program to encourage customers to return used products to the manufacturer so materials can be recycled
• D) Working with suppliers to establish a more frequent delivery system that will enable the manufacturing firm to hold smaller inventories of parts and materials

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Definitions:

Stock Splits

An action by a company to divide its existing shares into multiple shares to boost the liquidity of the shares.

Cash Flow Statement

A financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations, and all cash outflows that pay for business activities and investments during a given period.

IFRS

International Financial Reporting Standards, which are a set of accounting rules followed by companies across the globe for maintaining their financial statements.