When they are sent to a customer and returned with the payment, remittance advices are examples of:
A. batch control totals
B. computer-prepared documents
C. written approval controls
D. turnaround documents
Answer: D
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If two companies in the same industry use different methods to value inventory, this makes comparisons more difficult but not impossible
a. True b. False Indicate whether the statement is true or false
As the marketing manager of a company that manufactures floor tiles, Evans Smith is given a target to achieve 500 new customers by the end of summer
He decides to search the market for probable customers who might use the product but do not at present. Which of the following strategies is Evans pursuing to increase the market demand for his product? A) market-penetration strategy B) new-market segment strategy C) geographical-expansion strategy D) needs-assessment strategy E) consolidation strategy
______ can seek investment from social venture capitalists known as impact-investment funds.
a. Both nonprofit and for-profit organizations b. Only nonprofit organizations c. Only for-profit organizations d. Only social purpose ventures
Which of the following terms is correctly described?
a. Lean manufacturing allows a company to achieve efficient levels of high-volume, low-cost production. b. Synchronous manufacturing reduces flexibility in responding to customer demand. c. Agile manufacturing refers to manufacturing in multiple locations. d. Distributed manufacturing refers to using different teams in the manufacturing process to maintain objectivity.