Discuss the importance of order processing in the physical distribution system.
What will be an ideal response?
Order processing is the receipt and transmission of sales order information. Computerized order processing provides a platform for information management, allowing all supply-chain members to increase their productivity. When carried out quickly and accurately, order processing contributes to customer satisfaction, decreased costs and cycle time, and increased profits. Order processing entails three main tasks: order entry, order handling, and order delivery.
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Increases or decreases in net income always increase or decrease cash by the same amount
a. True b. False Indicate whether the statement is true or false
Which of the following methods of accounting for a business combination assumes that the parent company purchases the subsidiary and must account for the acquisition as it would for the acquisition of any asset?
a. Pooling of interests b. The purchase method c. The new entity approach d. Proportionate consolidation
The measure of the variation in the dependent variable that can be explained by the independent variable is?
a. The sample coefficient of direction b. The sample coefficient of determination c. The sample coefficient of division d. The sample correlation coefficient
An advantage of the line approach to organizational structure is the availability of specialists to provide support for line managers.
Answer the following statement true (T) or false (F)