DRP is a ______ system because demand at the retail level pulls the inventory and shipments through the supply chain
a. pull
b. push
c. proactive
d. continuous
a. pull
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Indicate whether the statement is true or false
The effect of capital expenditures on the master budget is reflected through periodic depreciation charges in the cash outflow portion
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. The SBA often guarantees long-term debt financing from a bank for a new business. 2. Most long-term loan agreements act as a promissory note and require some form of collateral. 3. Stocks and bonds are forms of long-term equity financing. 4. The details of a bond agreement (maturity date and rate of interest) are spelled out in agreements called a debenture. 5. Generally, the lower the quality of the bond, the higher the interest rate paid to bondholders.
Businesses that are organized in the United States are subject to the laws of the United States but
are not subject to the laws of other countries in which they do business. Indicate whether the statement is true or false