The Income Statement Line Item Most Likely Affected by an AIS

question 28

Multiple Choice

The income statement line item most likely affected by an AIS investment in supply chain that would interface with suppliers would be:

• A)Revenues.
• B)Cost of Goods Sold.
• C)Selling,General and Administrative Expenses.
• D)Research and Development Expenses.

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Definitions:

Scheduling Application

Software tools designed to organize, assign, and manage tasks and events on a calendar or timeline.

Learning Curve

The concept that people improve efficiency and decrease errors with experience over time.

Assembly Time

The total time required to assemble a product from its various components.

Production Unit

A factory or workshop where goods are manufactured or processed.