Which of the Following Is Not One of the Six

question 99

Multiple Choice

Which of the following is not one of the six primary business functions that managerial accountants use to create value for their customers?

• A)Research and development (R&D).
• B)Design of products and processes.
• C)Production and marketing.
• D)Distribution and customer service.
• E)Profit focus versus customer service.

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Definitions:

Inventory Control

The process of determining how many supplies and goods are needed and keeping track of quantities on hand, where each item is, and who is responsible for it.

Physical Distribution

All the activities necessary to move products from producers to customers—inventory control, transportation, warehousing, and materials handling.

Transportation

The shipment of products to buyers.