Only continuously available data are stored in a retail information system

Indicate whether the statement is true or false


False

Business

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In entering transactions concerned with sales of merchandise, which of the following accounts is(are) usually needed?

a. Sales; b. Sales Tax Payable; c. Sales Returns and Allowances; d. all of these; e. none of these

Business

When witnessing a person unknowingly drop a ten-dollar bill, Kumail instantly grabs the bill and hands it back, using his ethical intuition. From what source did this subconscious decision likely flow?

a. a consideration of his society’s value system b. reflection using his moral awareness c. execution of a theory of planned behavior d. his deeply embedded value system

Business

Which of the following is NOT a benefit of SCOP?

a. It will drive away existing customers. b. It will attract new customers. c. It will reduce the risks and costs associated with scarcity of raw materials. d. It will increase quality and innovation.

Business

Contractual capacity includes the financial ability to pay for the benefits of a contract

Indicate whether the statement is true or false

Business