A Value Chain Is a Supply Chain, but Its Emphasis

question 45

Multiple Choice

A value chain is a supply chain, but its emphasis in on examining how value

• A) is perceived by the customer.
• B) is created or destroyed by a channel member.
• C) is compared to the competition.
• D) can be added at the point of purchase.
• E) can be added during the product development phase.

---

Definitions:

Company Books Adjustment

Modifications made to the accounting records to correct errors or update the accounts as required.

NSF Check

A check that cannot be processed due to insufficient funds in the account on which it was drawn, often resulting in a fee.

Bank Statement Adjustment

The process of modifying the balance shown on a bank statement to reflect transactions or corrections not yet recorded by the bank.

Company Books Adjustment

Modifications made to the accounting records of a company to correct errors or align them with actual financial activity.