Most ERP systems today can work with a variety of DBMSs
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TRUE
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When making a good markdown decision, a retailer should
A. consider only the rules-based approach because it has proven its reliability. B. only trust its own tastes and intuitions when stocking merchandise. C. rely exclusively on computer software designed for optimal pricing. D. look to limit markdowns as they hinder customer loyalty. E. work closely with its vendors and share the financial burden of the markdowns.
Which of the following is true of misrepresentation?
A) A misrepresentation is not actionable unless the innocent party relied on the misrepresentation and acted on it. B) An innocent party who acts in reliance on a misrepresentation need not justify his or her reliance. C) An innocent party must prove that the wrongdoer's misrepresentation was the sole reason he or she entered into the contract. D) An innocent party need not prove economic injury to recover damages for fraud.
When evaluating the cash flows associated with a capital budgeting project, the shipping and installation costs associated with the purchase of an asset are included in the computation of the:
A. initial investment outlay, because these expenses are part of the project's depreciable basis. B. incremental operating cash flows, because shipping and installation costs represent expenses that must be written off annually over the life of the project. C. terminal cash flows, because these expenses are not paid until the end of the project's life. D. sunk costs, because these expenses do not affect any cash flows associated with purchasing the project. E. project's opportunity cost, because these costs increase the potential of the project.
Lot-for-lot (L4L) is a rule that maintains the same order quantity each time an order is issued
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