Bar code scanning may best be utilized in the receiving process to accomplish which of the following?
a. Identify goods arriving automatically in conjunction with a count.
b. Notify the shipper that product has arrived.
c. Order new items on behalf of the purchasing department.
d. Record inventory that has been written off the books.
a
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A minority ownership interest generally occurs when an investor owns less than which of the following percentages of the stock of an investee company?
A. 20% B. 40% C. 30% D. 50%
When a product is more distinctive, it leads to less price sensitivity
Indicate whether the statement is true or false
Working capital is defined as:
a. total assets less intangible assets. b. current assets divided by current liabilities. c. current assets less current liabilities. d. total assets less current assets. e. current assets less liabilities.
Which of the following statements are true about inventory accuracy?
I. Inventory accuracy is essential for planning. II. It is important to find the cause of record error. III. Periodic audits of inventory will find the cause of record error. A) I, II and III B) I and II only C) I and III only D) II and III only E) none of the above