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What Results Did Ford Motor Company Achieve as a Result

Question 33

Multiple Choice

What results did Ford Motor Company achieve as a result of reengineering its accounts payable workflow?


A) Ford was able to respond to vendor invoices on the same day they were received.
B) Ford achieved an 85 percent reduction in head count in its accounts payable area.
C) Ford improved accuracy of inventory information, with fewer discrepancies between the physical inventory records and the financial inventory records.
D) Although the accuracy of Ford's financial inventory records improved, the accuracy of its physical inventory records decreased.
E) Ford ended up missing many early payment discounts.

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