Bad debt expense is a loss from failure to collect an account receivable
Indicate whether the statement is true or false
T
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The fixed costs of existing facilities are usually included in the analysis for special order decisions
Indicate whether the statement is true or false
Which of the following best explains the function of a CRM database?
A. It is used to gather, store, and maintain personal information about customers. B. It is used to keep track of orders from suppliers and related cost fluctuations. C. It is used to improve the security of IT systems employed for marketing. D. It is used to evaluate employee performances. E. It is used to estimate changes in currency values in the international market.
Suppose that the manager of a company has estimated the probability of a super-event sometime during the next three years that will disrupt all suppliers as 2%
In addition, the firm currently uses four suppliers for its main component, and the manager estimates the probability of a unique-event that would disrupt one of them sometime during the next three years to be 20%. Supplier management costs during this period are $50,000 per supplier. The financial cost incurred if all four suppliers are disrupted at the same time is estimated to be $10,000,000. What is the expected monetary value (cost) of the current supplier diversification arrangement? A) $412,800 B) $415,680 C) $10,200,000 D) $215,680 E) $8,240,000
Experts are usually right, so you don't need to evaluate their arguments as you do arguments from others.
Answer the following statement true (T) or false (F)