Which of the following systems flowcharting symbols descriptions is incorrect?
?
?
A. general purpose input-output
B. manual process
C. multiple-page document
D. punched card
Answer: D
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Relationship marketing refers to
A. the process of identifying prospective buyers, understanding them intimately, and developing favorable long-term perceptions of the organization and its offerings so that buyers will choose them in the marketplace. B. exclusive legally binding contractual agreements between retailers and customers in order to create enhanced value for each party. C. the linking of the organization to its individual customers, employees, suppliers, and other partners for their mutual long-term benefits. D. the belief that it is easier and less expensive to find new customers than to retain old ones. E. the selection and the assignment of a firm's personnel for a specific product or product line to a group of current or prospective customers.
When using the indirect method, how is depreciation expense recorded on the statement of cash flows?
a. Operating activity b. Investing activity c. Financing activity d. Noncash investing and financing activity
Which of the following assumptions is embodied in the AFN equation?
A. Accounts payable and accruals are tied directly to sales. B. Common stock and long-term debt are tied directly to sales. C. Fixed assets, but not current assets, are tied directly to sales. D. Last year's total assets were not optimal for last year's sales. E. None of the firm's ratios will change.
A return of 12% compounded annually is the same as a return of 1% per month
Indicate whether the statement is true or false