Which of the Following Is Not One of the Three

question 25

Multiple Choice

Which of the following is not one of the three main links in the supply chain?

• A)Materials flow from suppliers and their "downstream" suppliers at all levels
• B)Transformation of materials into semifinished and finished products - the organization's own production processes
• C)Distribution of products to customers and their "downstream" customers at all levels
• D)None of the above

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Definitions:

Payroll Taxes Collected

Taxes that are withheld from employees' wages by their employer and remitted to the government, including amounts for social security and Medicare.

Workers' Compensation

A form of insurance providing wage replacement and medical benefits to employees injured in the course of employment.

FICA

Refers to the Federal Insurance Contributions Act taxes, which are payroll taxes paid by both employees and employers to fund Social Security and Medicare.

Overtime Earnings

Compensation received for hours worked in excess of the standard workweek hours, often calculated at a rate higher than the regular hourly rate.