Efficient,effective Supply Chains Are Fully Dependent on SCM Software,which Depends

question 100

Multiple Choice

Efficient,effective supply chains are fully dependent on SCM software,which depends on __________.

• A)SaaS
• B)ERP
• C)up-to-date and accurate data
• D)RFID

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Definitions:

Recorded

The action of documenting financial transactions in accounting records, ensuring accuracy and completeness of financial information.

Asset Improvements

Expenditures made to enhance the usefulness, performance, or lifespan of an asset without acquiring a new one.

Ordinary Maintenance

Routine upkeep and repairs necessary to keep equipment, buildings, and other assets in working order, distinct from major renovations or upgrades.

Trade-In Allowance

The value offered for an old item when it is traded for a new item, reducing the purchase price of the new item.