When the average-cost method is applied to a perpetual inventory system, the sale of goods will not change the unit cost of the goods that remain in inventory
Indicate whether the statement is true or false
False
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Acquisition of services in many organizations is referred to as ______.
a. service contracting b. procurement c. sourcing d. acquisition
Users of the popular GPS app Waze periodically report driving conditions while on the road, allowing all users to benefit from live traffic updates. Waze is an example of crowdsourcing because:
a. users have free access to the same traffic information. b. users freely contribute traffic information for use by the app. c. the app has a very large and loyal user base. d. the app asks for donations at the end of each drive.
Extraordinary items are both unusual and infrequent in nature
Indicate whether the statement is true or false
When entering into contracts with companies in other nations, a manager should understand whether that company's laws are based civil codes, rather than on case-by-case common law
a. True b. False Indicate whether the statement is true or false