A Company Having Difficulty with Timely Delivery of Parts to Its

question 95

Multiple Choice

A company having difficulty with timely delivery of parts to its manufacturing plants should implement a supply chain ________ system.

• A)execution
• B)planning
• C)optimization
• D)management
• E)touch point

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Definitions:

Direct Write-Off Method

An accounting method where uncollectible debts are charged directly to expense as they are identified.

Trade Receivables

The total amount of money owed to a company by its customers for goods or services delivered on credit.

Dishonored Note

A promissory note that has not been paid by its maker or endorser at the time of maturity.

Selling Receivables

The process of selling a company's accounts receivable to a third party to improve liquidity and reduce the risk of uncollectible debts.