For the same safety inventory, an increase in lot size increases the fill rate but not the cycle service level
Indicate whether the statement is true or false.
Answer: TRUE
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Franco takes a shortcut across Simone's yard on his way to school. Even if Simone gives Franco permission to use her yard as a shortcut, Franco has still trespassed on Simone's property.
Answer the following statement true (T) or false (F)
Direct-response promotion targets groups instead of individuals.
Answer the following statement true (T) or false (F)
Which of the following, if true, strengthens Greeley's position that full-time, permanent positions be created?
A) In the last few years, there has been an overall decline in the use of contingent workers among most fields of business. B) The skills required for the positions are no different from the skills presently held by Greeley & Gatsby's full-time employees. C) Recent surveys of financial advisors working on a contingent basis showed that very few intended to stay with the company past the end of their contract. D) Greeley & Gatsby recently invested in vendor management software that allows the firm direct access to staffing services without relying on a placement service. E) The hiring of contingent workers often has a negative impact on morale among full-time workers at the same location.
Which of the following procedures would an auditor most likely include in the initial planning of a financial statement audit?
A. Perform detailed testing of the individual balance sheet accounts. B. Examining documents to detect illegal acts having a material effect on the financial statements. C. Considering whether the client's accounting estimates are reasonable in the circumstances. D. Determining the extent of involvement of the client's internal audit function.