For any supply chain, the source of revenue is generated by
A) efficient operations.
B) information flows.
C) the customer.
D) product flows.
Answer: C
Business
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Lite-Mart, a C corporation, had a beginning credit balance in its warranty reserve account of $120,000. During the year, Lite-Mart accrued estimated warranty expense of $16,000. At the end of the year, Lite-Mart's warranty reserve had a $90,000 credit balance. What amount of warranty expense should Lite-Mart deduct?
a. $46,000 b. $30,000 c. $16,00 d. $14,000
Business
______ are the fundamental baseline values dictating appropriate behavior within a society.
A. Codes of ethics B. Morals C. Ethics D. Codes of conduct
Business