The Term Supply Supply "Chain" Is Misleading as at Each

question 64

Multiple Choice

The term supply supply "chain" is misleading as at each level an organization can work with many organizations both up and down the supply chain,thus creating a ________.

• A)collection
• B)string
• C)network
• D)suite

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Definitions:

GAAP

Generally Accepted Accounting Principles, a collection of commonly-followed accounting rules and standards for financial reporting in the U.S.

Acquisition Method

An accounting technique used in consolidating the financial statements of a group in which one controls one or more others, focusing on fair value of the acquired assets and liabilities.

Stock Contingency

Relates to conditions or events that must occur before the issuance of stock can happen or conditions affecting a stock’s status.