What includes activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing?
A. Procurement
B. Materials management
C. Bullwhip effect
D. Logistics
Answer: B
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In vertical analysis, each item is expressed as a percentage of:
A. Sales on the income statement. B. Net income on the income statement. C. Total expenses on the income statement. D. None of these answers is correct.
Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 20,000 shares authorized, 9,000 shares issued, and 8,000 shares of common stock outstanding. The journal entry to record the dividend declaration is:
A. Debit Retained Earnings $4,000; credit Common Dividends Payable $4,000. B. Debit Common Dividends Payable $4,500; credit Cash $4,500. C. Debit Retained Earnings $4,500; credit Common Dividends Payable $4,500. D. Debit Retained Earnings $10,000; credit Common Dividends Payable $10,000. E. Debit Common Dividends Payable $4,000; credit Cash $4,000.
Today the United States has a dual banking system in which banks supervised by the ________ and by the ________ operate side by side
A) federal government; municipalities B) state governments; municipalities C) federal government; states D) municipalities; states
Which of the following would be classified as a product-level activity?
A. Running the Human Resource department. B. Advertising a product. C. Operating a cafeteria for employees. D. Setting up a machine for a batch of a standard product.