There Are Four Major Activity Categories Reported by State and Local

question 41

True/False

There are four major activity categories reported by state and local governments: governmental, government-wide, proprietary, and fiduciary.

---

Definitions:

Customer Order

A customer order is an official request made by a customer for a company's goods or services, typically documented and processed for fulfillment.

SCM

Supply Chain Management involves the management and control of materials, information, and financial flows from the supplier through to the manufacturer, then on to the wholesaler and retailer, and ultimately to the consumer.

Source Component

In software, a fundamental piece of code or module that contributes to the functionality of a larger application or system.

Product Or Service

Any offering that can be sold to a customer to fulfill their needs or desires, including tangible goods and intangible services.