Which of the following statements related to journal vouchers is false for most ERP systems?

a. The person completing the adjustment will enter it directly into the computer.
b. The voucher will be electronic.
c. Journal voucher should be signed by the person(s) authorized to initiate the entry.
d. To provide an adequate audit trail, a printed copy of journal vouchers is required.


D

Business

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Promotional pricing is a form of deceptive pricing that is illegal in many states

Indicate whether the statement is true or false

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Martha is walking along a street with her son when he is hit by a passing car just as he steps off the pavement. He dies in his mother's arms, leaving her traumatized. The court hearing the case rules that Martha's son was not responsible for the accident. Martha can sue the person who killed her son to recover damages for ________.

A. the tort of outrage B. breach of the duty of care C. negligent infliction of emotional distress D. transfer of intent

Business

_________________________ can rely on lower prices or special features appealing to a subset of the market and becoming a niche brand.

a. Mid-level brands b. Runner-up competitors c. All brands d. Category Leader

Business

Kokapeli, Inc. has a target capital structure of 40% debt and 60% common equity, and has a 40%

marginal tax rate. If the firm's yield to maturity on bonds is 7.5% and investors require a 15% return on the firm's common stock, what is the firm's weighted average cost of capital? A) 10.80% B) 12.00% C) 7.20% D) 12.25%

Business