To Yield Accurate Results Supply Chain Planning Systems Require Information

question 31

Multiple Choice

To yield accurate results supply chain planning systems require information inputs that are correct and up to date regarding what?

• A)Customers
• B)Orders
• C)Sales
• D) All answers are correct

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Definitions:

Credit Balance

The amount that a company or individual owes to creditors; in accounting, it indicates a balance on the right side of a ledger for liability, revenue, or equity accounts.

Closing Entries

Journal entries made at the end of an accounting period to transfer balances from temporary to permanent accounts.

Statement of Income

A financial report summarizing the revenues, expenses, and profits/losses of a company over a specified period, also known as an income statement.