Which of the following is a benefit of efficient supply chain management?
A. Increase in product availability
B. Increase in organizational turnover
C. Increase in turnaround time
D. Decrease in inventory turnover
E. Decrease in cross selling
Answer: A
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If the December 31, 2016, balance of accounts receivable is higher than the January 1, 2016, balance, then the amount of cash collections will be less than the sales on account for the year
a. True b. False Indicate whether the statement is true or false
The term cost driver refers to
a. any activity that can be used to predict cost changes. b. the attempt to control expenditures at a reasonable level. c. the person who gathers and transfers cost data to the management accountant. d. any activity that causes costs to be incurred.
The company with the highest variable cost is:
A) A. B) B. C) C. D) D.
Because "present value" refers to the value of cash flows that occur at different points in time, a series of present values of cash flows should not be summed to determine the value of a capital budgeting project.
Answer the following statement true (T) or false (F)