Match the Following Accounting Cycles to the Appropriate Subsystems

question 30

Multiple Choice

Match the following accounting cycles to the appropriate subsystems.
-Payroll Cycle

• A)Operations/Production System
• B)Supply Chain Management
• C)Customer Relationship Management

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Definitions:

Safety Stock

Inventory kept on hand to protect against stockouts, typically to address unpredictable demand or uncertainties in the supply chain.

Lead Time

The total time it takes for a process to be completed from the moment it is initiated until its conclusion, often critical in supply chain management.

Customer's Profitability

An analysis to determine the profit margin or net profit a company makes from serving a particular customer.

Sales Contacts

Interactions or engagements between a company's sales team and potential or existing customers with the aim of promoting and selling products or services.