An Advance in Technology Called RFID Makes It Easier for Manufacturers

question 49

Multiple Choice

An advance in technology called RFID makes it easier for manufacturers, distributors, and retailers to track items through production, distribution, and sales. This advance helps the firm to

• A) increase value to the consumer through media effectiveness promotion.
• B) tailor their marketing messages.
• C) meet inventory needs.
• D) communicate with consumers on social media sites.
• E) replace services with products.

---

Definitions:

Investing Activity

Financial transactions involving the purchase or sale of long-term assets and investments.

Financing Activity

Transactions involving the flow of cash between a company and its investors and creditors, related to equity and debt.

Noncash Investing

Transactions that involve the acquisition or disposal of assets not involving immediate cash flow.

Indirect Method

A method used in cash flow statements to calculate net cash flow from operating activities by adjusting net income for changes in non-cash accounts like accounts receivable, accounts payable, and depreciation.