________ focuses on the distribution of end products within the order-to-cash business process

A) Procure-and-pay process
B) Sales and marketing activity
C) Make-to-stock process
D) Inbound logistics
E) Outbound logistics

E

Business

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Which of the following statements is true of Microsoft's enterprise resource planning (ERP)products?

A) Dynamics CRM is a true ERP product used by large organizations. B) GP is the easiest of Microsoft's ERP products to install. C) Nav is likely to continue as a general-ledger program in the future. D) AX is developed in-house by Microsoft.

Business

Avery Inc would like to prepare a summary cash budget for June. The following information is available: · The cash balance at June 1 was estimated to be $6,000. · June sales, all on account, were estimated to be $75,000. Sales are collected over a two-month period with 60 percent collected in the month of sale and the remainder in the subsequent month. May sales on account were $70,000. ·

Inventory purchases are expected to be $50,000 in June. The company pays for one-half of inventory purchases in the month of purchase and the remainder in the subsequent month. May purchases were $60,000. · Cash disbursements for selling and administrative expenses are expected to be $9,000 in June. · Depreciation expense for June is expected to be $3,000. What is the cash balance at the end of June expected to be? A) $15,000 B) $12,000 C) $26,000 D) $29,000

Business