What is a supply chain planning system?
A. Ensures supply chain cohesion by automating the different activities of the supply chain.
B. Views all areas up and down the supply chain in real time.
C. Uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory.
D. Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain.
Answer: C
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American Bank has loaned $12,000 to Shoreline Petroleum Inc using a 60-day non-interest-bearing note. The bank discounted the note at 12%. The proceeds of the loan will be
a. $12,000. b. $11,760. c. $240. d. $12,240.
Orlov Corporation purchased 22,000 shares of Matsey Corporation common stock for $40 per share on January 1, 2009 . Matsey reported net income of $120,000 for 2009 and paid dividends of $45,000 during 2009 . As of December 31, 2009, the market value of Matsey Corporation common stock was $39 per share. Assuming the shares owned by Orlov represent 10 percent of the total outstanding stock of
Matsey, the year end adjustment entry in Orlov Corporation's books is: a. Cash 22,000 Dividend Income 22,000 b. Cash 22,000 Long-Term Investments 22,000 c. Unrealized Loss on Long-term Investments 22,000 Allowance to Adjust Long-Term Investments to Market 22,000 d. Loss on Long-Term Investments 22,000 Allowance to Adjust Long-Term Investments to Market 22,000
According to Chester Barnard, which of the following statements is true about a zone of indifference?
A. ?In this zone, managerial requests are not understood. B. ?In this zone, managerial directives are inconsistent with the purpose of an organization. C. ?In this zone, managerial authority is challenged. D. ?In this zone, managerial requests are automatically accepted.
If a company has current assets of $18,180 and current liabilities of $10,100. Its current ratio is 1.8.
Answer the following statement true (T) or false (F)