Classifying Orders According to Pre-Established Guidelines So That a Company

question 63

Multiple Choice

Classifying orders according to pre-established guidelines so that a company can prioritize how orders are to be filled refers to ____.

• A)order management
• B)order processing
• C)order triage
• D)ABC analysis

---

Definitions:

Replacement Warranty

A guarantee provided to a purchaser of a product that a defective item will be replaced within a specified period of time.

Unfunded Pension Liability

A pension obligation for which sufficient assets have not been set aside, representing a potential future liability for the employer.

Current Liability

A company's debts or obligations that are due to be paid within one year or within the normal operating cycle.

Pension Expense

The cost recognized by a company for the benefits provided to employees in retirement pension plans.