The purchasing cycle begins with identifying (or anticipating) a specific need or requirement for a part component, raw material, subassembly, service, piece of equipment, or finished good to be sourced to conduct or support organizational operations
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following is an incorrect statement regarding the Economic Espionage Act?
A) Trade secrets are protected under the Economic Espionage Act. B) Under Section 1832 of the Economic Espionage Act, an individual who misappropriates a trade secret related to a product produced for interstate commerce, with the knowledge or intent that the misappropriation will harm the owner of the trade secret, may be subject to a prison term of up to 10 years. C) An organization convicted under Section 1832 of the Economic Espionage Act may be fined up to $1 million. D) Under Section 1831 of the Economic Espionage Act, the misappropriation of trade secrets with the knowledge that the secret will benefit a foreign power may lead to individual prison sentences of up to 15 years per offense and fines for organizations of up to $10 million.
How long does a company have to register a newly hired employee with your state directory?
a. within 2 months of the hire date b. within 5 days of the hire date c. within 20 days of the hire date d. at any time before filing state taxes
In the context of the characteristics of good information, when information is relevant, it means that:
A. it can be analyzed independently. B. it is secure from hackers and competitors. C. ithelps users grasp its meaning. D. itfocuses on issues that are important to decision makers.
Weimar Corporation is conducting a time-driven activity-based costing study in its Order Fulfillment Department. The company has provided the following data to aid in that study:Weimar CorporationOrder Fulfillment DepartmentData InputsResource Data: Number of employees 13 Average salary per employee$36,720 Weeks of employment per year 50 Minutes available per week (40 hours × 60 minutes) 2,400 Practical capacity percentage 85%?Activity Data:Processing OrdersPreparing DeliveriesHandling ReturnsMinutes per unit of the activity162844?Cost Object Data:All CustomersNumber of orders processed21,750Number of deliveries prepared11,130Number of returns handled410?On the Capacity Analysis report in time-driven activity-based costing, the "total minutes used to meet demand" would
be closest to: A. 1,001,840 minutes B. 1,326,000 minutes C. 677,680 minutes D. 353,520 minutes