Which of the following is an IT tool designed specifically to help retailers work more closely with vendors on stock replenishment?
A) BOLD
B) ECR
C) data warehouse
D) projection
E) EDI
B
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The most common means of making entries in the general ledger is via the journal voucher
Indicate whether the statement is true or false
An auditor should compare the unaudited financial statements with both past results and industry trends to gain an indication about the possibility of fraud
a. True b. False Indicate whether the statement is true or false
A product is a price leader when
A. it is sold at the highest price. B. its price maximizes profits. C. an increase or decrease in price leads to increased revenue or lower costs. D. it is sold at less than cost in the hope that sales of other products will increase. E. its price leads the industry in sales.
When a lead firm invests in supplier resources or offers training, this is an example of:
A. Shared value. B. Root cause analysis. C. Supplier development. D. Supply chain auditing.