What metric measures the value of goods shipped on time versus the total value of the order?
A. line fill rate
B. total fill rate
C. profitability ratio
D. on-time delivery ratio
E. dollar fill rate
Answer: E
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A merchandiser uses a perpetual inventory system. The beginning Retained Earnings balance of the merchandiser was $95,000. During the year, Sales Revenue amounted to $75,000, Cost of Goods Sold was $30,000, and all other expenses totaled $12,000. The company declared and paid $19,000 as dividends. The last step in the closing process would include ________.
A) a debit to Income Summary for $33,000 B) a credit to Income Summary for $19,000 C) a debit to the Retained Earnings account for $33,000 D) a debit to the Retained Earnings account for $19,000
The amount of cash that could be received by selling an asset currently is called historical cost
a. True b. False Indicate whether the statement is true or false
Most ERPs are based on which network model?
a. peer to peer b. client-server c. ring topology d. bus topology
An agent who wishes to avoid liability on contracts he enters into on behalf of the principal should make sure that the principal is:
A) The degree of disclosure is irrelevant. B) Partially disclosed. C) Fully disclosed. D) Undisclosed. E) Either partially disclosed or fully disclosed.