Calumet Pottery Supply allows a 10 percent reduction off its list price of Jepson clay whenever an intermediary orders more than 100 cases in one shipment. This is a
A. noncumulative quantity discount.
B. seasonal discount.
C. cumulative quantity discount.
D. PM.
E. cash discount.
Answer: A
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_____, which are used to accumulate data about expenditures involved in producing specific products, make excellent use of IT to compile pricing data.
A. Enterprise resource planning systems B. Cost-accounting systems C. Human resources systems D. Supply chain management systems
Outbound logistics acquires raw materials and resources and distributes them to manufacturing as required.
Answer the following statement true (T) or false (F)
An entrepreneur would like to buy a piece of equipment for his business. The equipment cost
$50,000 and will increase cash flow by $20,000 each year for 5 years. What is his IRR? A) 28.65% B) 25.55% C) 40.00% D) 2.50%
Having a computerized DBMS guarantees that the data will be properly used to provide the best solutions required by managers
a. True b. False Indicate whether the statement is true or false