The portion of cost of goods available for sale that is not assigned to ending inventory is assigned to cost of goods sold
Indicate whether the statement is true or false
T
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Information systems whose purpose is to glean from raw data relationships and trends that might help organizations compete better are called business intelligence (BI) systems.
Answer the following statement true (T) or false (F)
A deferral
A. exists when a company receives cash after recognizing the associated revenue. B. exists when a company receives cash before recognizing the associated revenue. C. exists when a company receives cash at the same time the associated revenue is recognized.
Which of the following is not included in the ethical environment?
a. Personal integrity b. Cultural mindset c. Sector responsibility d. Global sustainability
In the context of short-term financing, which of the following statements is true of a factor?
A. It buys the accounts receivables of other firms. B. It is a requirement lenders impose on borrowers as a condition of loans. C. It is the mix of equity and debt financing a firm uses to meet its permanent financing needs. D. It requires firms to maintain their own collection department.