Revenues Are Normally Considered to Have Been Earned When

question 33

Multiple Choice

Revenues are normally considered to have been earned when:

• A)all possibility of return has expired.
• B)the company has substantially accomplished what it must to be entitled to the benefits.
• C)the cash is collected.
• D)goods have been shipped.

Understand the factors influencing the reserved quantity for higher price segments and spot markets.

Learn the importance of shifting demand from peak to off-peak periods for supply chain profitability.

Know how revenue management tactics are devised based on customer behavior forecasts.

Understand the concepts of supply chain assets and their forms.

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Definitions:

Communication

The act of conveying information, thoughts, and feelings through various means, including speech, writing, signals, or behavior.

Telephone

A communication device that transmits sound, particularly human voice, across distances using wire or radio technology.

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A country in North America comprising 50 states, known for its significant influence in global politics, economy, and culture.

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Scholars who argue that much of what we perceive as reality is shaped by our social interactions and cultural norms.