Complex products, regardless of the field to which they belong, do not need modeling
Indicate whether the statement is true or false
FALSE
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Future Market, a supermarket chain, uses bar codes for all its products. As soon as a product is sold, the information is electronically transferred to the firm's warehouse and the product's supplier
In addition, changes are automatically made to the firm's sales account and stock ledger. This helps the firm reduce its paperwork and makes managing inventory easier. This is an example of _____. a. activity-based costing (ABC) b. electronic data interchange (EDI) c. an automated assembly line d. a just-in-time inventory system
Answer the following statement(s) true (T) or false (F)
1. According to the “Social Process of Leadership Identity Construction in Organizations”, people are often accorded leadership status based on their performance regardless of whether they “claim” the leadership role or not. 2. According to the feature, Personal Reflections: My Family, Friends, Coworkers, and Students, although people may care a great deal about their family, friends, and coworkers, our identities do not include or incorporate our relationships with others. 3. The Anglo cultures had the highest scores on charismatic leadership. 4. Southern Asia and the Middle East had the lowest scores on self-protective behaviors.
A principal is not generally liable for an agent's crimes
Indicate whether the statement is true or false
A start-up firm is making an initial investment in a new plant and equipment. Assume that currently its equipment must be depreciated on a straight-line basis over 10 years, but Congress is considering legislation that would require the firm to depreciate the equipment over 7 years. If the legislation becomes law, which of the following would occur in the year following the change?
A. The firm's operating income (EBIT) would increase. B. The firm's taxable income would increase. C. The firm's cash flow would increase. D. The firm's tax payments would increase. E. The firm's reported net income would increase.