The cultural and social environment refers to where people live and their income.

Answer the following statement true (T) or false (F)


False

The cultural and social environment affects how and why people live and behave as they do.

Business

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FASB financial accounting concepts on using estimated future cash flow information in accounting measurements to value various assets and liabilities identified each of the following elements except

A) an estimate of the future cash flows and the timing of those cash flows. B) an increase in the interest for any expected risk. C) estimates about variations in the amount or timing of those cash flows. D) that estimated cash flows should reflect a single most likely minimum or maximum possible amount, rather than a range of possible cash flows.

Business

Common methods of improving retail productivity for a variety of retail institutions are changing the merchandise mix, improving sales training, and redesigning stores

Indicate whether the statement is true or false

Business

With an asynchronous distributed database, all data across the network is continuously kept up to date

Indicate whether the statement is true or false

Business

A quantity of inventory that provides protection against lost sales caused by unfulfilled demands from customers is called:

A) Just-in-time inventory. B) Budgeted stock. C) Continuous inventory. D) Capital stock. E) Safety stock.

Business