In a typical computerized accounting information system, ________.
A) transactions must be recorded in debit and credit format
B) the software automatically knows to record a debit or a credit
C) transactions are posted manually
D) spreadsheets must be used to produce financial statements
B) the software automatically knows to record a debit or a credit
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Many airlines now encourage customers to purchase online "ticketless" flight reservations by charging a fee to those who purchase tickets at ticket counters. This is an example of a ________ strategy
A) distribution B) return on marketing investment C) marketing control D) product E) promotion
Eichholtz Company uses 10,000 units of a part in its production process. The costs to make a part are: direct material, $12; direct labor, $25; variable overhead, $13; and applied fixed overhead, $30 . Eichholtz has received a quote of $55 from a potential supplier for this part. If Eichholtz buys the part, 70 percent of the applied fixed overhead would continue. Eichholtz Company would be better
off by a. $50,000 to manufacture the part. b. $150,000 to buy the part. c. $40,000 to buy the part. d. $160,000 to manufacture the part.
Screaming Eagle, a luxury motorcycle company, sells the same motorcycles and offers the same superior services in both its home country and foreign markets. The market it operates in faces low pressures for both local responsiveness and cost reductions. Which of the following strategies within the integration-responsiveness framework does Screaming Eagle most likely pursue?
A. a global-standardization strategy B. a transnational strategy C. a multidomestic strategy D. an international strategy
Non-uniform demand can be accommodated in the EOQ model by allowing for non-uniform
ordering costs. Indicate whether the statement is true or false