Question

Write extended definitions for the following:

1) Liabilities 2) Revenue 3) Cash flow 4) Inventory 5) Supply chain​

Answer 1

Answer:

1. the state of being legally responsible for something.
2. income, especially when of an organization and of a substantial nature.
3. the total amount of money being transferred into and out of a business, especially as affecting liquidity.
4. stock, or the contents of a building.
5. the sequence of processes involved in the production and distribution of a commodity.