Abusiness intelligence systemhelps decision makers discover information that was previously hidden.
Answer the following statement true (T) or false (F)
True
A business intelligence system is a sophisticated form of decision support system that helps decision makers discover information that was previously hidden. See 16-3: Information Technology and Decision Making: A Crucial Aid
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A well-designed document can emphasize major points even without using boldface, but using boldface makes the item ________________
a. transparent b. more emphatic c. ethically identified d. valid
Which of the following provides a financial snapshot of a company's assets and liabilities (debts) on a given date?
A. working capital B. operating margin C. balance sheet D. gross margin
Refer to the following trial balance
Debit Credit Cash $16,000 Accounts Receivable 42,000 Merchandise Inventory 62,000 Supplies 15,000 Land 330,000 Accounts Payable $2,000 Notes Payable 25,000 Common Stock 296,000 Retained Earnings 24,000 Dividends 6,000 Sales Revenue 480,000 Sales Returns and Allowances 9,000 Sales Discounts 8,000 Cost of Goods Sold 200,000 Salaries Expense 17,000 Utilities Expense 65,000 Rent Expense 53,000 Interest Expense 4,000 ________ Totals $827,000 $827,000 How much is the net sales revenue? A) $463,000 B) $479,000 C) $145,000 D) $141,000
A high level of product availability requires
A) large inventories and tends to raise costs for the supply chain. B) large inventories and tends to reduce costs for the supply chain. C) small inventories and tends to raise costs for the supply chain. D) small inventories and tends to reduce costs for the supply chain.