What Is the Process of Moving Merchandise Through the Channel

question 12

Multiple Choice

What is the process of moving merchandise through the channel from the customer to the store to the DC to the vendor?

• A)return logistics
• B)reverse logistics
• C)outbound returns
• D)outbound flow
• E)reverse flow

---

Definitions:

Consolidated Financial Statements

Financial statements that combine the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries.

Tax Rate

The rate at which taxes are levied on an individual or a corporation's income.

Consolidated Tax Returns

A single tax return filed by a parent company and its subsidiaries as one taxpayer to IRS, consolidating their tax liabilities.

Income Tax Liability

The total amount of income tax owed to the government within a fiscal year.