Many American companies now maintain better contact with suppliers through EDI. EDI stands for:
a. Educational Data Inventory
b. Electronic Digital Inventory
c. Electronic Data Inventory
d. Electronic Digital Interchange
e. Electronic Data Interchange
e. Electronic Data Interchange
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The last depression in the United States occurred in
A. the 1900s. B. the 1930s. C. the 1960s. D. the 1990s.
Which organization would have the ultimate responsibility of deciding if the advantages outweigh the disadvantages in the adoption of IFRS accounting standards in the U.S.?
a. FASB b. SEC c. IASB d. AICPA
Which of the following statements is false?
a. The formula for computing the predetermined overhead rate uses Actual overhead as the numerator. b. Cost allocations can be made across time periods or within a single time period. c. Normal costing assigns overhead to products using a predetermined overhead rate. d. The formula for computing the predetermined overhead rate uses Budgeted overhead as the numerator.
Which of the following is NOT one of the activities that marketers perform?
a. deciding what products to offer b. setting products c. producing products d. developing sales promotions e. making products available to customers