A system in which retailers make their suppliers fully responsible for determining when to order and possibly how much to order best describes
A) distribution management system.
B) supply chain management.
C) vendor-managed inventory.
D) customer relationship management.
C
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When using goal-setting theory to motivate employees, managers should
A. set targets that are beyond employees' reach. B. set goals that are easily achievable. C. set general goals that are emotionally appealing. D. hold employees responsible for getting feedback. E. help workers understand and accept the goals.
Which of the following is not a requirement for disclaiming a warranty?
A. Inclusion of the word merchantability if merchantability is to be disclaimed. B. An explanation of why the warranty is being disclaimed. C. A conspicuous writing. D. Statutory authorization.
Using the following transactions, calculate the ending balance of (
A) total assets, (B) total liabilities, (C) Cash, and (D) Stockholders' Equity. Indicate whether each balance is debit or credit. a. Began doing business by selling shares of common stock to investors for $72,000 in cash.b. Paid one year's insurance in advance, $4,800.c. Billed customers for services rendered, $12,000.d. Received utility bill, to be paid next month, $800.e. Received $1,600 in advance of performing a service.f. Received $8,800 from customers billed in c.g. Paid $600 on the utility bill of d.h. Dividends of $4,000 were paid to common stock holders.
Which of the following is/are true?
a. The required accounting for trading securities and for securities classified as available-for-sale differs with respect to the income statement but not with respect to the balance sheet. b. The unrealized gain or loss on trading securities appears in net income in the period when fair value changes occur. c. The unrealized holding gain or loss on securities available-for-sale appears in other comprehensive income period by period, and its cumulative amount resides in the Accumulated Other Comprehensive Income account on the balance sheet. d. Users of the financial statements should be alert to this accounting effect in evaluating the profitability of firms with both trading securities and securities available-for-sale. e. all of the above