When both regrouping and storing are needed, a firm should add a distribution center.
Answer the following statement true (T) or false (F)
False
A distribution center is a special kind of warehouse designed to speed the flow of goods and avoid unnecessary storing costs.
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Pipe Corporation reported cost of goods sold of $250,000 for 2018. It also reported an increase in inventory for the year of $30,000, and an increase in accounts payable of $24,000. Pipe would report cash paid to suppliers in 2018 under the direct method for cash flows of:
A. $304,000. B. $256,000. C. $280,000. D. $250,000.
The practice of using call centers, where employees receive calls from customers and provide service by taking orders and answering queries, is called ________
A) customer response marketing B) guerilla marketing C) reactive marketing D) internal marketing E) inbound telemarketing
All of the following concepts are associated with the black box approach to auditing computer applications except
a. the application need not be removed from service and tested directly b. auditors do not rely on a detailed knowledge of the application's internal logic c. the auditor reconciles previously produced output results with production input transactions d. this approach is used for complex transactions that receive input from many sources
Frederick W. Taylor developed which management theory?
A. volunteer service B. expectancy theory C. general management D. scientific management