Which of the Following Is Not True of the Supply

question 41

Multiple Choice

Which of the following is not true of the supply chain?

• A)The supply chain includes vendors.
• B)The supply chain excludes customers.
• C)The supply chain includes information flows.
• D)The supply chain include secondary suppliers.

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Definitions:

Write-Offs

The deduction of an amount due (as an uncollectable debt) from an entity's revenue, thereby decreasing its income.

Insurance

A financial product that provides protection against financial losses, ensuring compensation for specified loss, damage, illness, or death in return for payment of a premium.

Accounts Payable

Liabilities of a company or organization due to purchases of goods and services to be paid to creditors or suppliers.

Adjustments

Adjustments are changes or modifications made to improve or correct something, often used in contexts ranging from accounting to spinal manipulation.