The system that enables users of an ERP system to view source documents from any location is:

a. electronic data interchange
b. local area network
c. digital image processing
d. electronic commerce


C

Business

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Smith Company is conducting a sales mix analysis. The second step in this analysis involves which of the following formulas?

A) Contribution Margin per Unit = Selling Price per Unit - Variable Costs per Unit B) Contribution Margin per Unit = Selling Price per Unit - Fixed Costs per Unit C) Contribution Margin per Unit of Constrained Resources = Contribution Margin per Unit ΒΈ Quantity of the Constrained Resource Required per Unit D) Contribution Margin per Unit of Constrained Resources = Contribution Margin per Unit x Quantity of the Constrained Resource Required per Unit

Business

The Lumber Division of Home Innovations Company reported the following results for a recent year Sales $8,000,000 Expenses 6,250,000 Total assets (1/1) 5,000,000 Total assets (12/31) 5,400,000 Refer to the Lumber Division What was the asset turnover ratio of the Lumber Division?

a. 1.538 b. 2.97 c. 0.650 d. 1.20

Business

In the context of small businesses and the economy of a country,entrepreneurship rates are significantly lower in countrieswhere it is hard to get fired.

Answer the following statement true (T) or false (F)

Business

A promise to do what one already has a legal duty to do constitutes legally sufficient consideration

Indicate whether the statement is true or false

Business