Business concepts are discovered during ________
A) behavioral modeling
B) decision making
C) domain analysis
D) requirements gathering
C
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The inventory system in which the merchandise inventory account balance is merely a record of the most recent physical inventory count is called
a. perpetual; b. FIFO; c. LIFO; d. periodic; e. specific identification.
Federal law allows for discovery of an accountant's work papers in a federal case against the accountant's client
Indicate whether the statement is true or false
Of the following statements about pie charts, which one is accurate?
A) Pie charts are unpopular visual aids for business reports. B) To avoid any appearance of bias, you should not differentiate the individual wedges in a pie chart. C) Pie charts are especially suited to showing more than six component parts. D) If you lump data into a miscellaneous category, that wedge should be located at the 12 o'clock position. E) Start slicing pie charts at the 12 o'clock position and move clockwise in logical order.
Computer Electronics Corporation (CEC) discovers a defect in its newly developed, recently marketed hard drives. CEC decides to recall the product and replace it with another. CEC's insurance policy with Delta Business Insurance Company will cover any harm to customers that occurs before the drives are returned. Is it likely that the policy will also pay for the recall and replacement? If so, what type of policy does CEC have?
What will be an ideal response?