Which of the following statements best reflects the underlying philosophy behind the concept of supply chain management?
A. No company is an island.
B. You get out of it what you put into it.
C. Every company for himself.
D. Better late than never.
E. Money makes the world go 'round.
Answer: A
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Sara's Designs purchased equipment at the beginning of 2015 for $11,000 . Sara decided to depreciate the equipment over a 5-year period using the straight-line method. Sara estimated the equipment's residual value at $1,000 . The estimated fair market value at the end of 2015 was $10,000 . Which of the following statements is correct concerning Sara's financial statements at December 31, 2015?
a. The book value of the equipment is $7,200. b. The book value of the equipment is $9,000. c. The total accumulated depreciation is $2,200. d. The equipment will be reported on the balance sheet at it fair market value of $10,000.
Comprehensive income consists of
A) operating income + other income and losses. B) net income + other adjustments to retained earnings. C) net income + other comprehensive income. D) other comprehensive income + unrealized changes in the value of available-for-sale securities.
Describe inter-enterprise information systems.
What will be an ideal response?
The Urban Institute recommends government and nonprofit organizations collaborate to simplify the grant process by ______.
A. standardizing reporting formats B. involving the for-profit sector in the review process C. improving public involvement in the review process D. involving other nonprofit organizations in the review process