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Supply Chain 4.03

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Accounts Payable and Accounts Receivable are part of the ______

a)

Financial Flow

b)

Information Flow

c)

Product Flow

d)

Risk Flow

2.

The balance of money due from customer is called _____?

a)

Accounts Payable

b)

Accounts Receivable

3.

The amount of money a company owes their suppliers is called ______?

a)

Accounts Payable

b)

Accounts Receivable

4.

True or False: Managing financial flows in supply chain management does not impact the profitability of a company.

a)

True

b)

False

5.

Bills of materials, product data, descriptions and pricing, inventory levels, customer and order information, delivery scheduling, delivery status current cash flow and financial information are examples of things in the ________.

a)

Product Flow

b)

Information Flow

c)

Financial Flow

d)

Risk Flow

6.

As a product moves through each point in the supply chain ______ is added.

a)

Risk

b)

Value

c)

Information

d)

Products

7.

Demand, supply, price, lead time are areas where _____ comes into the supply chain.

a)

Value

b)

Information

c)

Products

d)

Risk

8.

True or False: The flow of risk can be internal and external.

a)

True

b)

False

9.

The four participants in most supply chains are:

a)

Producers

Distributors/Wholesalers

Retailers

Consumers

b)

Price

Product

Place

Promotion

c)

Information

Organization

Reaching Closure

Reaffirming Relationships

10.

Supplier -> manufacturer -> distributor -> wholesaler -> retailer -> consumer represents _____.

a)

Risk Flow

b)

Information Flow

c)

Product Flow

d)

Financial Flow