Idis 240 - Study guides, Class notes & Summaries
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IDIS 240 Bundled Exams Questions and Answers Latest Versions (2024/2025) (Complete and Accurate)
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IDIS 240 Bundled Exams Questions and Answers Latest Versions (2024/2025) (Complete and Accurate)
![IDIS 240 FINAL EXAM UPDATED ACTUAL Questions and CORRECT Answers](/docpics/6502014/671e0fe682f09_6502014_121_171.jpeg)
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IDIS 240 FINAL EXAM UPDATED ACTUAL Questions and CORRECT Answers
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IDIS 240 FINAL EXAM UPDATED 
ACTUAL Questions and CORRECT 
Answers 
List Price - CORRECT ANSWER- Listed price of a product 
Selling Price - CORRECT ANSWER- -=list price - trade discounts 
-the amount that appears on the invoice (amount paid by the customer) 
-=COGS + Margin or =COGS +Markup
![IDIS 240 Final Exam Review UPDATED ACTUAL Questions and CORRECT Answers](/docpics/6502027/671e10cf1ae3a_6502027_121_171.jpeg)
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IDIS 240 Final Exam Review UPDATED ACTUAL Questions and CORRECT Answers
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IDIS 240 Final Exam Review UPDATED 
ACTUAL Questions and CORRECT 
Answers 
Original Equipment Manufacturer - CORRECT ANSWER- 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
![IDIS 240 Final Exam Review Questions with Verified Answers](/docpics/5283872/6641e3bf7c0dc_5283872_121_171.jpeg)
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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 ______...
![IDIS 240 EXAM 1 VESTAL LATEST UPDATE GRADED A+](/docpics/5283950/6641e5eb14e35_5283950_121_171.jpeg)
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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 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...
![IDIS 240 Final Exam – Vestal Latest Version Graded A+](/docpics/5283911/6641e4b2aac64_5283911_121_171.jpeg)
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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. 
 
...
Idis 240 Final Exam Questions And Answers Latest Update
![IDIS 240 EXAM 1 VESTAL UPDATED ACTUAL Questions and CORRECT Answers](/docpics/6502112/671e1412dd4f0_6502112_121_171.jpeg)
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IDIS 240 EXAM 1 VESTAL UPDATED ACTUAL Questions and CORRECT Answers
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IDIS 240 EXAM 1 VESTAL UPDATED 
ACTUAL Questions and CORRECT 
Answers 
OEM - CORRECT ANSWER- Original Equipment Manufacturer - buys the product and 
"rebrands" to sell as their own with warranty 
MRO - CORRECT ANSWER- Maintenance Repair Operation - people who fix 
something with a problem 
Contractor - CORRECT ANSWER- Person who provides supplies or service under 
contract
![IDIS 240 Study Questions With Verified Answers](/docpics/6861966/6765caef6c798_6861966_121_171.jpeg)
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IDIS 240 Study Questions With Verified Answers
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©THESTAR EXAM SOLUTIONS 2024/2025 
ALL RIGHTS RESERVED. 
IDIS 240 Study Questions With Verified 
Answers 
OEM stands for: 
a. Owner of Equipment Manufacturer 
b. Original Equipment Manufacturer 
c. Original Equipment Maintenance 
d. Owner of Equipment Maintenance 
e. None of the Above - Answersb. Original Equipment Manufacturer 
If you buy Allen-Bradley products in Houston, Texas, you must purchase from Reyonlds 
Electric, this is an example of ________________ distribution. 
a. Exclusive 
b. S...
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