In the Context of a Global Supply Chain,which of the Following

question 51

Multiple Choice

In the context of a global supply chain,which of the following players does the operations management function bring together?

• A)the individual firm and its global suppliers
• B)potential consumers of the firm's products and local retailers
• C)sources of finance (e.g.,banks)and consumers of capital
• D)equipment manufacturers and suppliers of equipment parts

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Definitions:

Consolidation Entry TI

A specific type of journal entry made during the consolidation process to integrate the financial activities of a parent company and its subsidiaries.

Consolidation Entry G

An accounting entry used in consolidation to eliminate the effects of intercompany transactions among entities within a consolidated group for external reporting.

Wholly Owned Subsidiary

A company whose entire share capital is held by another company, making it a completely controlled entity of the parent company.

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and adjusted for the investor's share of the investee's profit or loss.