What Is a Supply Chain Execution System

question 13

Multiple Choice

What is a supply chain execution system?

• A)The ability to view all areas up and down the supply chain in real time.
• B)Uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory.
• C)Ensures supply chain cohesion by automating the different activities of the supply chain.
• D)Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain.

---

Definitions:

Transaction Price

The amount of consideration expected to be received from a customer in exchange for transferring goods or services.

Multiple-Step Statement

A multiple-step statement is an income statement format that separates operating revenues and expenses from non-operating ones, providing detailed insight into a company's financial performance.

Operating Expenses

Regular costs associated with running a business's day-to-day operations, excluding the cost of goods sold.

Non-Operating Activities

Transactions and events that are not related to a company's core operations, such as investment income or losses.