The source document used to record the amount of time worked by an employee on a job is called the:
A. Work ticket.
B. Requisition sheet.
C. Pay stub.
D. Job cost sheet.
Answer: A
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Information is data converted into useful, meaningful context. What are data characteristics that change or vary over time?
A. Facts B. Variables C. Services D. Supplies
Which of the following is NOT necessary for a successful acquisition?
A. Good bidding strategy B. Clear strategic rationale for making the acquisition C. Quick completion of the acquisition D. Thorough pre-acquisition screening E. Post-acquisition audit to review the process and discuss ways to improve it
Cash flow yield is equal to net cash flows from operating activities:
a. divided by net income. b. divided by net sales. c. divided by net average total assets. d. minus dividends minus net capital expenditures.
A supplier has just been awarded a large contract by your company. As an employee in purchasing, you were largely responsible for awarding that supplier the contract. The supplier's sales representative has just called and would like to take you to lunch to thank you for the support. Going to lunch with the sale representative does not present any ethical problems
Indicate whether the statement is true or false