ERP stands for

a. enterprise resource production.
b. enterprise resource purchasing.
c. enterprise resource planning.
d. enterprise resource processing.


C

Business

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Suppose you manage an upscale restaurant in New York City. __________ would involve writing employee schedules and a list of things to do for the chef and other kitchen staff.

A. Strategic planning B. Operational planning C. Delegation management D. Human resource management E. Tactical planning

Business

Payment is received from customers who were billed earlier for services provided for them. For this transaction, identify the effect on the accounting equation

a. Assets increase and liabilities increase. b. Assets increase and stockholders' equity increases. c. Liabilities increase and stockholders' equity decreases. d. There is no effect on the accounting equation as one asset account increases while another asset account decreases.

Business

Cobalt Company management has identified the following cost objects:Cost Object 1: The cost of operating the finishing departmentCost Object 2: The cost of operating the factoryCost Object 3: The cost of a particular product made in JuneWith respect to these cost objectives, how would rent paid by the finishing department for storage space be classified? Object 1Object 2Object 3A.DirectDirectDirectB.DirectDirectIndirectC.IndirectIndirectIndirectD.IndirectIndirectDirect

A. Option A B. Option B C. Option C D. Option D

Business

Using the information below for WAM Inc., the market value per share is: Earnings after interest and taxes = $200,000 Earnings per share = $2.00 Stockholders' equity = $2,000,000 Market/Book ratio = 0.20

A. $20.00. B. $8.00. C. $4.00. D. $2.00. E. $1.00.

Business