The net amount received from the bank on a discounted note receivable is called the proceeds
a. True
b. False
Indicate whether the statement is true or false
True
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Markets of Central and Eastern Europe present interesting opportunities and challenges. Companies such as 3M International, McDonald's, Philips Electronics, and Henkel are moving into the region for all of the following reasons except:
A) that region is an important new source of growth. B) that the first company to penetrate a country market often emerges as leader. C) wage rates are much lower than those in Spain, Portugal, and Greece. D) that region offers attractive locations for low-cost manufacturing. E) core products and Western brand names need changes are appropriate for business.
A ping is used to test the state of network congestion and determine whether a particular host computer is connected and available on the network
Indicate whether the statement is true or false
Information relating to direct labor for the McGill Company follow: Actual direct labor hours 5,600 Standard direct labor hours 5,400 Total direct labor per payroll $53,200 Standard labor rate per hour $9.00 The entry to record the direct labor cost is:
a. Work in process 53,200 Labor rate variance 2,800 Labor efficiency variance 1,800 Payroll 48,600 b. Work in process 50,400 Labor rate variance 2,800 Payroll 53,200 . c. Work in process 48,600 Labor rate variance 2,800 Labor efficiency variance 1,800 Payroll 53,200 d. Work in process 51,400 Labor efficiency variance 1,800 Payroll 53,200
Which of the following is the means by which companies post purchase requests online and invite suppliers to bid for their business?
A) extranet links B) intranet connections C) trading exchanges D) traditional procurement E) reverse auctions