The adjustment to accounting records to reflect the decrease in inventory due to a sale occurs in the

a. warehouse
b. shipping department
c. billing department
d. inventory control department


D

Business

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Payment for the acquisition of inventories is shown on the statement of cash flows as

a. An operating activity b. An investing activity c. A financing activity d. Either an operating activity or a financing activity

Business

Explain the limitations of portfolio management matrices such as the growth-share matrix developed by the Boston Consulting Group (BCG).

What will be an ideal response?

Business

According to the fiduciary duty of loyalty, individuals in groups look to others to learn appropriate behaviors and attitudes.

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

Business

Congress enacts the Ad Restriction Act (ARA) to limit advertising in certain circumstances. The ARA will be considered valid if it directly advances a substantial government interest A) ?and goes no further than necessary to achieve its purpose

B) ?without regard to how "far" it goes. C) ?and the parties affected by it can elect how "far" to go in applying it. D) ?and goes further than necessary to ensure full coverage.

Business