It is critical for accountants to understand enterprise resource planning (ERP) systems.
Answer the following statement true (T) or false (F)
True
You might also like to view...
In preparing the financial statements for December 31, 2016, an accountant improperly classified the payment of prepaid rent as rent expense. Which of the following amounts would not be affected by this improper classification?
a. Retained earnings, January 1, 2016 b. Retained earnings, December 31, 2016 c. Net income d. Total assets
Which of the following is a disadvantage of decentralization?
A) Decisions made by one manager may negatively affect the profitability of the entire company. B) Helps retain quality managers. C) Decision making by managers closest to the operations. D) Managers are able to acquire expertise in their areas of responsibility.
Which of the following opinions is a critic of the sales-orientation philosophy most likely to hold?
a. Reducing prices is the most effective technique that helps increase product sales. b. Customers do not buy products unless the products are adequately promoted. c. Business firms should give maximum emphasis to advertising strategies. d. Business firms need to have a good understanding of the needs of the marketplace.
Which of the following statements about anticipating and profiling your audience is most accurate?
A) If you don't actually know your readers, it is impossible to picture what they are like. B) Because postings to sites like Facebook and Twitter are so brief and informal, there is no need to anticipate your audience. C) You will adjust your tone, style, and content to accommodate the expectations and needs of your audience. D) You should profile your primary audience only.