With Which of the Following Does a Manufacturer or Supplier

question 95

Multiple Choice

With which of the following does a manufacturer or supplier uses an independent third party to manage an entire function of the logistics system,such as transportation,warehousing,or order processing?

• A)private warehousing
• B)direct sourcing
• C)freight forwarding
• D)contract logistics

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Definitions:

Managerial Accounting

The practice of identifying, measuring, analyzing, interpreting, and communicating financial information to managers for the pursuit of an organization's goals.

Detailed Reports

Detailed reports provide in-depth analysis and comprehensive details on specific areas of interest within a business, project, or research area.

External User

Individuals or entities outside of a company who use its financial statements and reports for decision making, such as investors or creditors.

Internal User

Individuals within an organization, such as managers and employees, who use financial information to make decisions related to their roles.