Answer the following statements true (T) or false (F)
1) Freight in is a delivery expense to the seller.
2) Freight charges to ship goods to customers is recorded as a debit to Delivery Expense.
3) A merchandiser adjusts and closes accounts differently than a service entity does.
4) Merchandisers must adjust for estimated sales returns and inventory shrinkage.
5) The loss of inventory that occurs because of theft, damage, and errors is referred to as inventory shrinkage.
1. FALSE
2. TRUE
3. FALSE
4. TRUE
5. TRUE
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SFA Inc. has a team of ten information systems (IS) personnel. The personnel are kept busy throughout the day as they help employees solve even the most trivial issues. In which of the following ways can the employees assist the IS personnel in this scenario?
A. by installing security programs by themselves B. by sharing their passwords with others to use their help in solving those trivial issues C. by learning basic computer skills D. by setting up their own data backup schedules E. by making hardware modifications
What have been the students’ personal experiences using automated voice response systems? What were the applications? Did these systems prove useful? What were the students’ frustrations as users?
What will be an ideal response?
What is a typical investment range for angel investors?
a. less than $5,000 b. Less than$20,000 c. between $25,000 and $100,000 d. between $75,000 and $150,000
____________________ provides methods for businesses to find the best deals on the global market for raw materials and supplies needed to manufacture their products.
Fill in the blank(s) with the appropriate word(s).