A(n)__________ Is a 13-Digit Code Retailers Can Use to Track

question 65

Multiple Choice

A(n) __________ is a 13-digit code retailers can use to track inventory.

• A) UPC
• B) CFPR
• C) pick ticket
• D) ASN
• E) EDI

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Definitions:

Accounts Payable Turnover Ratio

A financial ratio that measures how quickly a company pays off its suppliers by dividing the total purchases by the average accounts payable.

Suppliers

Entities that provide goods or services to another entity, typically within a supply chain.

Cash Payments

Outflows of cash to settle obligations or purchase goods and services as part of business operations.

Accounts Payable Turnover Ratio

A financial metric used to analyze how quickly a company pays off its suppliers by comparing net credit purchases to the average accounts payable during a period.