What is the effort to plan the coordination of demand forecasts with functional areas of the firm and its supply chain?
A) enterprise resource planning
B) material requirements planning
C) capacity planning
D) sales and operations planning
E) new product development
D
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Which of the following is considered to be an entity-wide control?
a. Segregation of duties. b. Controls over management override. c. Authorization procedures for purchasing. d. Adequately documented transaction trails.
Estimated useful life and legal life are synonymous terms when dealing with intangible assets
Indicate whether the statement is true or false
Blooming Products Inc sells flower bulbs to local nurseries. Each bag of bulbs sells for $2. The company's accountant has prepared the following sales forecast (in bags) for the fourth quarter of 2013: October 5,000 bags November 9,000 bags December 8,000 bags Historically, the cash collection of sales has been as follows: 50 percent in the month of sale, 40 percent in the month following sale,
and 10 percent in the second month following sale. Cash receipts for December are expected to be: A) $13,800 B) $ 8,000 C) $16,200 D) $ 8,100
Form U-4 is used in the following industries:
a) banking b) insurance c) securities d) all e) NOTA