What is "supply chain management"?

A Managing only suppliers

B Coordinating the flow of goods, information, and finances from supplier to customer

C Retail management only

D Inventory counting

✓ Correct Answer: Option B

SCM manages the entire flow from raw materials to end customer, optimizing cost and efficiency.

💡 Why is B) the correct answer?

The correct answer to the question "What is "supply chain management"?" is Option B: Coordinating the flow of goods, information, and finances from supplier to customer.

The other options — A) Managing only suppliers, C) Retail management only, D) Inventory counting — are incorrect for this CPA Exam Prep question. As explained above: SCM manages the entire flow from raw materials to end customer, optimizing cost and efficiency.

📚 About This CPA Exam Prep Practice Question

This 1-level CPA Exam Prep question from the Business Environment (BEC) topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free CPA Exam Prep practice test or use flashcards for spaced repetition review.

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What is "supply chain management"?

✓ Correct Answer: Option B

📚 About This CPA Exam Prep Practice Question

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