During the Year,Next Tec Corp

question 115

Multiple Choice

During the year,Next Tec Corp.had the following cash flows: receipt from customers,$10,000;receipt from the bank for long-term borrowing,$6,000;payment to suppliers,$5,000;payment of dividends,$1,000,payment to workers,$2,000;and payment for machinery,$8,000.What amount would be reported for net financing cash flows on the Statement of Cash Flows?

• A)$5,000.
• B)$2,000.
• C)$6,000.

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Definitions:

MRP II

Manufacturing Resource Planning, an integrated method of operational planning and control, including aspects from production, inventory management to distribution.

Supply Chain

The network of manufacturers, suppliers, and logistics providers working together to produce and deliver goods to the end user.

Scheduling Functions

Tasks involved in the planning and allocation of resources over time to perform a collection of tasks efficiently.

Safety Stock

Additional inventory kept to prevent stockouts caused by variations in supply or demand.