Idis 240 Study guides, Class notes & Summaries
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IDIS 240 Final Exam Review Questions with Verified Answers
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IDIS 240 Final Exam Review Questions 
 
with Verified Answers 
 
There are three end users as discusses in Overview of the Industrial Channel. Which of the 
following is one of those end users? 
 
Original Equipment Maintenance 
Owner of Equipment Manufacturer 
None of these 
Owner of Equipment Maintenance 
Original Equipment Manufacturer Original Equipment Manufacturer 
 
If you buy Allen-Bradley products in Houston, Texas, you must purchase from Reynolds 
Electric, this is an example of ______...
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IDIS 240 EXAM 2 - EVAN VESTAL - SPRING 2024 GRADED A+
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IDIS 240 EXAM 2 - EVAN VESTAL - 
SPRING 2024 GRADED A+ 
 
List Price Nationally Advertised Price 
 
Selling Price List Price - Trade Discounts 
 
= COGS + Margin 
or 
= COGS + Markup 
 
Net Price Selling price - all allowable discounts (cash discounts), equal to selling price IF 
NO DISCOUNTS 
 
Cost of Goods Sold (COGS) Cost of Merchandise + Freight charges from Manufacturer 
 
Freight Cost The cost of moving an item from where it was manufactured to either the 
distributor or the customer's l...
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IDIS 240 EXAM 1 VESTAL LATEST UPDATE GRADED A+
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IDIS 240 EXAM 1 VESTAL LATEST 
 
UPDATE GRADED A+ 
 
OEM Original Equipment Manufacturer - buys the product and "rebrands" to sell as their 
own with warranty 
 
MRO Maintenance Repair Operation - people who fix something with a problem 
 
Contractor Person who provides supplies or service under contract 
 
Breaking bulk Shipping something in individual components 
 
3PL 3rd Party Logistics Provider - specializes in warehousing and transportation services 
that customize to customers based on ...
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IDIS 240 Final Exam – Vestal Latest Version Graded A+
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IDIS 240 Final Exam – Vestal Latest 
 
Version Graded A+ 
 
Cash Flow Cash in bank > purchased inventory > sold inventory > accounts receivable > 
cash in bank 
 
List Price The retail price listed 
 
selling price list price - trade discounts 
 
Net price = selling price - allowable discounts (cash discounts) 
Net Sale 
 
Cost of Good Sold (COGS) = Cost of Merchandise + Freight from Manufacturer 
 
Trade Discounts specify term of sale and change of price with how they see fit. 
 
...
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IDIS 240 FINAL EXAM REVIEW 2024 QUESTIONS AND ANSWERS WITH COMPLETE SOLUTION
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IDIS 240 FINAL EXAM REVIEW 2024 QUESTIONS AND ANSWERS WITH COMPLETE SOLUTION
Too much month left at the end of the money?
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IDIS 240 Test 2 Evans F2019 with Complete Solutions
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IDIS 240 Test 2 Evans F2019 with 
 
Complete Solutions 
 
List Price Listed price of the product. Manufacturers sell from a nationally advertised price. 
As there is a fluctuation in cost of raw materials or market condition, a discount is offered, but 
this discount is seldom reflected on the list price. 
 
Selling Price Amount paid by customer that appears on invoice. 
Selling price = list price - trade discounts 
 
Net Price Customer doesn't pay the full price and a cash discount is announce...
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IDIS 240 FINAL EXAM QUESTIONS AND ANSWERS ALREADY PASSED
- Exam (elaborations) • 17 pages • 2024
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IDIS 240 FINAL EXAM QUESTIONS AND 
 
ANSWERS ALREADY PASSED 
 
OEM stands for Original Equipment Manufacturer 
 
If you buy Allen-Bradley products in Houston, Texas you must purchase from Reynolds Electric, 
this is an example of ____________ distribution exclusive 
 
MRO stands for maintenance, repair, and operations 
 
3M products are sold through many distributors. This is an example of _______ distribution? 
intensive 
 
Bundling Products & Services? assortment 
 
How long customer is willin...
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IDIS 240 exam 2 with Complete Solutions
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IDIS 240 exam 2 with Complete 
 
Solutions 
 
FOB Free of board 
 
NPBT Net Profit before tax 
 
NPAT net profit after tax 
 
SGA selling general and administrative expense 
 
EBITDA earnings before interests taxes depreciation and amortization 
- raising prices increases earning but cutting cogs and expenses provides higher increase 
 
GMROII gross margin return on inventory investment 
 
EBIT earnings before interests taxes 
 
UOM unit of measure 
 
OEM original equipment manufacturer 
 
MRO m...
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IDIS 240 FINAL EXAM 2024- VESTAL QUESTIONS AND ANSWERS 100% ACCURATE
- Exam (elaborations) • 15 pages • 2024
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IDIS 240 FINAL EXAM 2024- VESTAL QUESTIONS AND ANSWERS 100% ACCURATE
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IDIS 240 Exams Package Deal -Solved
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1
Exam (elaborations)
IDIS 240 Vestal Exam 2 with Complete Solutions

2
Exam (elaborations)
IDIS 240 Test 2 Evans (Fall 2019)

3
Exam (elaborations)
IDIS 240 Terms and Definitions Exam 1

4
Exam (elaborations)
IDIS 240 Final Exam

5
Exam (elaborations)
IDIS 240 Final Exam Review Solved 100% Correct

6
Exam (elaborations)
IDIS 240 FINAL EXAM GRADED
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