What function does the receiving department serve in the revenue cycle?
The receiving department counts and inspects items which are returned by customers. The receiving department prepares a return slip of which a copy goes to the warehouse for restocking, and a copy goes to the sales order department so that a credit memo can be issued to the customer.
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According to the model of buyer behavior, which of the following is one of the two primary parts of a "buyer's black box"?
A) technological stimuli B) buyer's decision process C) buyer's spending habits D) social stimuli E) promotion stimuli
Faced with a 3000 taco capacity constraint, what is the profit resulting from an optimal mix of fish and chicken tacos?
A) $22,577 B) $25,619 C) $24,667 D) $23,580
Nissan and Renault were able to reduce their purchasing spend by which technique?
a. Standardization b. Cross-functional teams c. Optimization d. Simulation
When testing mutual fund performance over time, one must be careful of ___________, which means that a certain percentage of poorer-performing funds fail over time, making the performance of remaining funds seem more consistent over time.
A. survivorship bias B. lucky event bias C. magnitude bias D. mean reversion bias