The secondary qualitative characteristics of accounting information are

a. relevance and reliability.
b. comparability and consistency.
c. understandability and decision usefulness.
d. materiality and conservatism.


B

Business

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Which system produces information used for inventory valuation, budgeting, cost control, performance reporting, and make-buy decisions?

a. sales order processing b. purchases/accounts payable c. cash disbursements d. cost accounting

Business

________ conflict affects the ability of the group to make decisions, work productively, resolve its differences, and continue to achieve its goals effectively.

Fill in the blank(s) with the appropriate word(s).

Business

Focal points in a center aisle location in a retail setting are referred to as?

a. Macro-merchandising b. Micro-merchandising c. Meta-merchandising d. Mega-merchandising

Business

______ refers to a condition that occurs when the solution to a transportation problem has occupied routes (cells) that are less than the (number of origins + the number of destinations –1).

A. Balanced transportation problem B. Degeneracy C. Dummy demand destinations D. Dummy supply sources

Business