Which of the Following Key Elements of a Supply Chain

question 24

Multiple Choice

Which of the following key elements of a supply chain execution includes information related to payment schedules,consignment,and ownership of products and materials?

• A) financial flow
• B) personnel flow
• C) information flow
• D) product flow
• E) material flow

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Definitions:

Direct Labor Costs

Expenses related to employees who directly contribute to the production of goods or services, such as wages for assembly line workers.

Period Costs

Costs that are expensed in the period they are incurred rather than being capitalized or included in the cost of goods sold, such as selling, general, and administrative expenses.

Selling

The process of promoting and exchanging goods or services for value.

Administrative

Pertaining to the activities involved in the management, governance, or organization of a business, typically those responsible for enforcing policies and making decisions.