The process of disintermediation in the global distribution system has been declining at a steady rate

Which of the following is NOT an objective of the Purchasing Department?

A) obtaining goods and services at the lowest cost B) ensuring the best possible service and prompt delivery by the supplier C) selecting products that reduce the impact on the environment D) developing good supplier relations E) issuing a regular quantity of purchase orders

Which of the following represents the correct sequence of the three business activities on the Statements of Cash Flows?

a. Financing - Operating - Investing b. Investing - Operating - Financing c. Operating - Investing - Financing d. Financing - Investing - Operating