Input/Output devices are software that allows real-world users to interact with the virtual world of the information system
Indicate whether the statement is true or false
FALSE
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The adjusting entry to record an increase in Allowance for Bad Debts involves
a. debiting Allowance for Bad Debts and crediting Bad Debt Expense. b. debiting Accounts Receivable and crediting Bad Debt Expense. c. debiting Allowance for Bad Debts and crediting Accounts Receivable. d. debiting Bad Debt Expense and crediting Allowance for Bad Debts.
What is the best reason for retailers to develop and maintain relationships with multiple and sometimes competing suppliers?
A. A function of retailers is to provide assortments, so they must deal with a variety of suppliers. B. A more efficient supply chain occurs when multiple vendors are involved. C. A variety of vendors assures more profit. D. By working with multiple suppliers, retailers tend to make better negotiators. E. It would be unethical for a buyer to solely work with one supplier.
Bill Marriott Sr. reportedly fired an employee on the spot for insulting a guest. When this story got around the organization, employees quickly learned that Marriott did not tolerate disrespect toward guests. This did NOT demonstrate the influence of ______ on an organization’s culture.
a. leadership skills b. stories and legends c. laws d. norms
Which of the following statements is true of the stakeholder model of corporate social responsibility?
A. It is based on the premise that a business is a private property, and like any private property, the owners get to decide what to do with it. B. It begins with the insight that every business decision affects a wide variety of people, benefiting some and imposing costs on others. C. It assumes that compliance with the law is sufficient for being an ethically responsible business. D. It appeals to such important ethical norms as utilitarianism and freedom because of its connection to the free enterprise system.