Compared to a Warehouse, a DISTRIBUTION CENTER Is

question 5

Multiple Choice

Compared to a warehouse, a DISTRIBUTION CENTER is:

• A) designed to provide more efficient use of storage space.
• B) concerned with eliminating the need for bulk-breaking.
• C) designed to eliminate all storage.
• D) set up to speed the flow of products toward the consumer.
• E) a storage facility used by several intermediaries-to share costs.

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Definitions:

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure a company's bookkeeping system is mathematically correct.

Journalized

The process of recording financial transactions in a journal before they are posted to ledger accounts.

Trial Balance

A financial statement that lists all the balances of a company's general ledger accounts at a specific point in time, ensuring that debits equal credits.

Transactions

Actions or activities conducted by a company that affect its financial statements, such as sales, purchases, and payments.