Which of the following is NOT considered an element of the legal environment?

A) public policies
B) general economic conditions
C) laws
D) government agencies
E) pressure groups


B

Business

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When the AP/CD process records a payable obligation, the data flow between "validate invoice" and "record payable" is?

a. GL payable update b. AP notification c. validated vendor invoice d. receiving report

Business

A product consists of four components with reliabilities of 0.89, 0.90, 0.91, and 0.92, respectively. Each component has a backup with the same reliability. Calculate and indicate product reliability.

A. 96.40% B. 86.31% C. 94.11% D. 79.32%

Business

On September 12, Ryan Company sold merchandise in the amount of $5,800 to Johnson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Ryan uses the periodic inventory system and the net method of accounting for sales. The journal entry or entries that Ryan will make on September 12 is (are):

A.

Sales5,800 
Accounts receivable 5,800

B.
Accounts receivable5,684 
Sales 5,684
Cost of goods sold4,000 
Merchandise Inventory 4,000

C.
Accounts receivable5,684 
Sales 5,684

D.
Accounts receivable5,800 
Sales 5,800
Cost of Goods Sold4,000 
Merchandise inventory 4,000

E.
Accounts receivable5,800 
Sales 5,800

Business

What is the appropriate term from systems theory for when the system responds by amplifying or maintaining deviation?

A. Morphogenesis D. Positive feedback B. Homeostasis E. Negative feedback C. Cybernetics

Business