What is the effect on the accounting equation when a company recognizes rent as earned that had previously been received in advance from customers?
a. Expenses increase
b. Revenues decrease
c. Liabilities increase
d. Net income increases
d
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Which of the following is an IT tool designed specifically to help retailers work more closely with vendors on stock replenishment?
A) BOLD B) ECR C) data warehouse D) projection E) EDI
Companies may provide for extra capacity in anticipation of future increases in demand for their products or services. Such extra capacity is called ______.
A. a capacity cushion B. overproduction capability C. waste D. flexible capacity
Person–job (PJ) Fit is also important as it relates to the employee’s fit with ______.
A. the CEO B. the organization C. the supervisor D. the organization’s benefits
Under the UCC, a sale is the passing of title from a seller to a buyer for a price.?
Indicate whether the statement is true or false