________ activities include payroll, time and attendance, and benefits administration thatmust be integrated into applications in order to form a true enterprise resource planning (ERP)product
A) Manufacturing
B) Supply chain
C) Human resource
D) Accounting
C
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The general ledger is the basic storage unit for accounting data and is used to accumulate amounts from similar transactions
Indicate whether the statement is true or false
A steel manufacturer experienced a decrease in its fixed asset turnover from .9 in Year 5 to .7 in Year 6 . This change is consistent with which of the following explanations?
a. The firm sold a fully-depreciated factory on January 1, Year 6 that had been closed in Year 4 and held for sale since then. b. The steel industry operated at capacity during Year 6, permitting all firms to raise selling prices. c. The firm recognized an impairment loss on a factory that became obsolete during Year 6 because of new environmental regulations. d. The firm decreased the number of units produced and sold because of an inability to obtain needed raw materials. e. none of the above
Translating a message from its symbol form into meaning involves encoding
Indicate whether the statement is true or false
A refusal to deal
a. is a right to decide with whom to do or not to do business and cannot be legally limited. b. is a rule of reason violation of the Sherman Act and is illegal if it harms competition. c. is an agreement in which a buyer refuses to purchase goods from a supplier unless the supplier also purchases items from the buyer. d. occurs when a manager refuses to recognize that price-fixing is a problem.