Which of the following is most likely to be served in a last-in, first-served (LIFS) queue discipline?
A) customers checking out at a grocery store
B) the in-basket on a manager's desk
C) patients entering a hospital emergency room
D) patrons waiting to be seated in a casual-dining restaurant
E) customers waiting to see a bank teller
B
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Which of the following statements is true regarding an original equipment manufacturer (OEM)?
A) OEMs sell a product on a stand alone basis to end customers. B) Brand name is highly visible in OEM marketing. C) A customer is usually not aware of the cost structure of an OEM. D) Knowledge of technical aspects of the product is important for OEM marketing.
Which of the following actions is not a potential fraud scheme related to long-lived assets?
a. Impairment losses on long-lived assets are not recognized. b. Costs that should have been expenses are improperly capitalized. c. Amortization of intangible assets is miscalculated. d. All the above are potential fraud schemes.
Processing and inspecting incoming inventory are considered ordering cost factors
Indicate whether the statement is true or false
Don and Etta orally agree on the sale of Don's Electrical Supplies Company to Etta and jot down the terms on the back of one of Don's blank invoices, which they both sign. A written memorandum evidencing an oral contract that would otherwise be unenforceable must contain A) every term
B) the essential terms. C) the preliminary terms. D) the qualitative terms.