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NEW QUESTION: 1

A. Option D
B. Option A
C. Option C
D. Option B
Answer: A,C

NEW QUESTION: 2
ABC manufactures vehicle engines and purchases components from a supplier Each engine requires one component costing $10 each ABC's supplier otters a 5% volume discount which has always been taken, this reduces the cost to $9.50 each. However, ABC has recorded the cost as $10 throughout the accounting system Once the correct price is recorded, what will be the effect on the factory costs incurred and the gross profit margin (GP%)?
A)

B)

C)

D)

A. Option D
B. Option A
C. Option B
D. Option C
Answer: A

NEW QUESTION: 3
The Collaborative Planning Forecasting and Replenishment initiative allows for collaboration in all processes across the supply chain. The CPFR was developed by what organization?
A. International Standards Common
B. International Standards Organization
C. Voluntary commodity standards board
D. Voluntary Inter-industry Commerce Standards Association
Answer: D
Explanation:
The Collaborative Planning Forecasting and Replenishment initiative allows for collaboration in all processes across the supply chain. The CPFR was developed by the Voluntary Inter-industry
Commerce Standards Association. The remaining choices are incorrect: International Standards
Common, International Standards Organization, and Voluntary commodity standards board.

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