Average age of inventory can be calculated as inventory divided by 365
Indicate whether the statement is true or false
FALSE
You might also like to view...
The OE/S process handles the processing and shipment of a customer order while another process actually bills the customer. With such a configuration, you would not expect the OE/S system to interface directly with the ____
a. billing/accounts receivable/cash receipts process b. inventory process c. general ledger process d. human resource process
In theory, all three valuation models, when correctly implemented with internally consistent assumptions, will produce the same estimates of value. However, in practice, which of the following errors can result in different value estimates?
a. incomplete or inconsistent earnings and cash flow forecasts. b. inconsistent estimates of weighted average costs of capital. c. incorrect continuing value computations. d. All of these errors result in different value estimates.
Huan, a manager, is working with her company's labor union to reach an agreement about pay increases and benefits for her employees. She is performing the role of negotiator, which is a(n) ________ responsibility, according to Mintzberg.
A. controlling B. interpersonal C. intrapersonal D. decisional E. informational
If the straight-line method of amortization of discount on bonds payable is used, the amount of yearly interest expense will increase as the bonds approach maturity
Indicate whether the statement is true or false