Which of the Following Refers to Managing the Sequence of Suppliers

question 29

Multiple Choice

Which of the following refers to managing the sequence of suppliers and purchasers and covers all stages of processing, from obtaining raw materials to distributing finished goods to consumers?

• A) E-commerce
• B) Social business
• C) Supply chain management
• D) Knowledge management
• E) Customer relationship management

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Definitions:

Account Balance

The amount of money in a financial repository at any given moment, which can fluctuate with deposits, withdrawals, and interest payments.

Chart of Accounts

An organized list of all the different financial accounts used by an entity to categorize transactions.

General Journal

A primary accounting record where financial transactions are entered before posting to specific accounts in the general ledger.

Sales Account

An account used to record the revenue from sales of goods or services by a company during a specific period.