Define Logistics and Explain Why It Is Critical

question 75

Essay

Define logistics and explain why it is critical.

Calculate the foreign exchange gain or loss on transactions.

Understand the concept of fair value and cash flow hedges in accounting.

Recognize the role of present value in accounting for foreign currency transactions.

Differentiate between the accounting treatments of foreign currency transactions and hedges.

---

Definitions:

Cache Memory

Small blocks of memory, located directly on and next to the central processing unit (CPU) chip, that act as holding places for recently or frequently used instructions or data that the CPU accesses the most.

Potential Capacity

The maximum output or performance that a system or entity could achieve under ideal conditions.

Mechanical Hard Drive

A data storage device that uses magnetic storage to store and retrieve digital information using one or more rigid rapidly rotating disks coated with magnetic material.

Hyperthreading

A technology that permits quicker processing of information by enabling a new set of instructions to start executing before the previous set has finished.