Examlex

Solved

Unilever's Web-Based Database,the Transportation Business Center (TBC),provides Its 30 Contract

question 14

Multiple Choice

Unilever's web-based database,the Transportation Business Center (TBC) ,provides its 30 contract carriers with site specification requirements about pick-up and delivery locations.The TBC contains information such as contact names and phone numbers,operating hours,the number of dock doors at a location,the height of the dock doors,how to make an appointment to deliver or pick up shipments,pallet configuration,and other special requirements.Unilever's practice of providing this kind of information over a network with its carriers is an example of:


Definitions:

Allowance for Sales Discounts

An account used in bookkeeping to estimate the reduction in revenue due to sales discounts that customers are expected to take advantage of.

Accounts Receivable

Debts owed by customers to a business for items or services that have been furnished but not compensated.

Sales Discounts

A reduction in the price of goods sold, offered by the seller to the buyer, often to encourage prompt payment.

Periodic Inventory System

A method of inventory valuation for financial reporting purposes where a physical count of all inventory is performed at specific intervals to determine the level of inventory and the cost of goods sold.

Related Questions