Noncritical purchases focus on ______.
a. volume assurance and reliable sourcing
b. exploiting full purchasing power
c. emphasizing long-term supplier relationships
d. functional efficiency
d. functional efficiency
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On January 1, 2010, Gemstone Company obtained a $280,000, 10-year, 11% installment note from Guarantee Bank. The note requires annual payments of $47,544, with the first payment occurring on the last day of the fiscal year. The first payment consists of interest of $30,800 and principal repayment of $16,744. The journal entry to record the issuance of the installment notes for cash on January 1,
2010 would include: A) a debit to Interest Expense of $30,800 B) a credit to Interest Payable of $195,440 C) a credit to Notes Payable of $280,000 D) a debit to Notes Payable of $475,440
Gloria owns a piece of real property. She sells one-half of this property to Sam, but reserves the
rights to cross over Sam's land to get to her remaining one-half. Gloria has created a(n): A) Easement a pendre. B) License. C) Easement appurtenant. D) Profit. E) Easement in gross.
The difference between monolithic organizations and multicultural organizations is that
A. monolithic organizations are marked by an absence of discrimination and prejudice. B. monolithic organizations have a higher degree of structural integration. C. monolithic organizations use an affirmative action approach to eliminate discrimination. D. multicultural organizations focus solely on employees' visible differences. E. multicultural organizations place greater value on diversity.
In order to accelerate completion of a project, the manager must crash critical path activities
Indicate whether the statement is true or false