Which of the following is true of a proposal structure?
A) ?Short proposals use a formal report format.
B) ?Long proposals use a memo format.
C) ?Proposals do not include preliminary report parts.
D) ?Proposals include the price to be charged or the costs to be incurred.
D
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Outputs of a purchasing process normally might include all of the following except:
a. purchase order b. PO inventory notification sent to the inventory system c. receiving report d. vendor invoice
When using the allowance method, what are the effects on the accounting equation when a company writes off a bad debt?
a. Assets and stockholders' equity increase. b. Assets and stockholders' equity decrease. c. Assets increase and stockholders' equity decreases. d. No effect on overall assets or equity.
Concept evaluation tests are used to:
A) reduce the concepts under consideration to a manageable number. B) generate new product ideas. C) refine the concept statements. D) quantitatively assess demand for the concept.
In verifying a claim for a loss of inventory, an insurance company might use the gross profit method
Indicate whether the statement is true or false