Gerald wants to find out the net income of his business for the last quarter. He deducts the cost of goods sold from the revenue earned during that period and then deducts the operating expenses from the gross profit. If Gerald decides to subtract the salary of his employees from the operating expenses before deducting the operating expenses from the gross profit, which of the following expenses would he be deducting?
A. Testamentary expenses
B. Administrative expenses
C. Selling expenses
D. Accrued expenses
Answer: C
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Using the fixed-time-period inventory model, and given an average daily demand of 15 units, 3 days between inventory reviews, 1 day for lead time, 30 units of inventory on hand, a service probability of 98 percent, and a standard deviation of daily demand is 3 units, which of the following is the order quantity?
A. About 36.3 B. About 56.8 C. About 42.3 D. About 59.8 E. About 30.4
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What will be an ideal response?
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Indicate whether the statement is true or false
SQL is NOT a ____.
A. programming language B. language that allows the actions of the end user to be converted into instructions that a computer can understand C. language that allows us to add, delete, or change data in a database D. procedural language