Which of the Following Processes Involves the Warehouse, Purchasing, and Accounting

question 9

Multiple Choice

Which of the following processes involves the warehouse, purchasing, and accounting functional areas?

• A)Procurement
• B)Fulfillment
• C)Order entry
• D)Accounts receivable
• E)Payroll

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Definitions:

Product Costs

The costs directly attributable to the creation of products, including materials, labor, and manufacturing overhead.

Distribution

The process of making a product or service available for the consumer or business user that needs it.

Customer Servicing

The provision of services to customers before, during, and after a purchase to enhance their satisfaction and loyalty.

Finished Goods

These are products that have completed the manufacturing process and are ready for sale.