Which One of the Following Is TRUE for Supply Chain

question 58

Multiple Choice

Which one of the following is TRUE for supply chain management?

• A)Supply chain applies to both manufacturing and service organizations.
• B)Supply chain applies only to manufacturing because it deals with flow of materials.
• C)Supply chain is about suppliers and does not include distributors or customers.
• D)Supply chain includes any operation that deals with materials.

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Definitions:

Depositor's Account

An account maintained by a financial institution on behalf of a depositor, where funds are safely kept for future withdrawals or transactions.

Deposits in Transit

Funds that have been recorded by a company but not yet by its bank, often due to the timing of bank processing.

Days' Sales Uncollected

A financial metric measuring the average number of days it takes for a company to collect its receivables post-sale.

December 31

The last day of the calendar year, often used as the end date for annual financial reporting.