Which of the Following Statements About Supply Chains Is True

question 25

Multiple Choice

Which of the following statements about supply chains is true?

• A)Supply chains consist only of customers,retailers,distributors,manufacturers,and suppliers.
• B)Each element in the supply chain can be connected to only one entity up and down.
• C)The only source of revenue in a supply chain is the retailer.
• D)Not every supply chain has distributors and retailers.

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Definitions:

Interest Revenue

Income earned on investments, such as loans and securities, over a period.

Operating Income

Revenue from business operations after deducting operating expenses, but before interest and taxes.

Cost Method

An accounting method used to value certain investments at their original purchase cost, without adjusting for market fluctuations.

Recognizes Dividends

The process by which a company records the payment of dividends to its shareholders in its financial statements.