Management science and operations research both involve

a. qualitative managerial skills.
b. quantitative approaches to decision making.
c. operational management skills.
d. scientific research as opposed to applications.


B

Business

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The Black Corporation has provided the following information: Net income$560,000 Increase in prepaid expenses    14,000 Amortization of discount on bonds payable 10,000 Decrease in accounts payable 20,000 Increase in inventory 21,000 Dividends declared 39,000 Dividends paid 36,000 Increase in accounts receivable 30,000 Increase in wages payable 16,000 Increase in deferred tax liability 41,000 Required:  Determine the cash flow from operating activities using the indirect method of cash flow statement presentation.

What will be an ideal response?

Business

A pure service requires a capital-intensive good, but the primary item is a service

Indicate whether the statement is true or false

Business

Under which of the following income tax allocation orientations are only those deferred credits that can reasonably be expected to reverse in the foreseeable future recorded on the books?

a. Comprehensive allocation b. The net-of-tax method c. Partial allocation d. The new form of equities method

Business

Jungmin’s job as a biomedical engineer involves conducting research on the engineering aspects of the biological systems. Most important are his written reports on his findings. Jungmin’s supervisor based Jungmin’s performance appraisal on the reports. It is likely that Jungmin’s performance appraisal is _________.

A. valid B. reliable C. based on mission and objectives D. feasible E. negative

Business