________ are a type of limited-function wholesaler that owns products they sell, but do not actually handle, stock, or deliver them.
A. Catalog wholesalers
B. Drop-shippers
C. Truck wholesalers
D. Cash-and-carry wholesalers
E. Rack jobbers
Answer: B
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Subsidiary ledgers are used in manual accounting environments. What file is comparable to a subsidiary ledger in a computerized environment?
a. archive file b. reference file c. transaction file d. master file
The four categories of equity accounts are ________, ________, ________, and ________.
What will be an ideal response?
In 1977, Kenneth H. Olsen, then president of Digital Equipment Corp., announced that there was no reason for individuals to have a computer in their home. Long since disproven, this is an example of
A. good prediction skills. B. excellent forecasting. C. overestimation of uncertainty. D. poor forecasting of future consumer demand.
A request for ____ is generated during systems development when an organization wants an IT vendor to submit a bid for a new or modified system.
A. proposal B. information C. bid D. project