Which department manages the process of converting or transforming resources into goods or services?
A. Finance
B. Sales
C. Operations management
D. Accounting
Answer: C
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Export management company (EMC) is an independent marketing intermediary that acts as the export department for two or more manufacturers (principals) whose product lines compete with each other
Indicate whether the statement is true or false
______ competition is labor supply versus demand for labor.
A. Compensation B. Performance C. Training D. Labor market
If the Petty Cash fund is not replenished at the end of the accounting reporting period:
a. net income will be understated or net loss will be overstated. b. assets will be understated on the balance sheet. c. the cash account will be understated. d. it indicates that the petty cash fund is probably short. e. the income statement and the balance sheet will not be correct.
With regard to RFID in inventory management, which of the following is NOT a benefit of RFID?
a. It helps to effectively manage inventory. b. It helps to identify the location of specific goods. c. It helps to track goods lost in transit. d. It expedites inventory management.