Joint products are:
A. similar products that result from a common process.
B. easily traced to products.
C. different products that result from a common process.
D. different products that are combined to create a single product.
Answer: C
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Which of the following steps involves a plan being proposed with respect to profitability and market share objectives for a specified planning horizon?
A) marketing budget B) situation analysis C) SWOT analysis D) strategic market plan E) revenue plan
A boundary event in a BPMN activity model:
A. Is attached to the edge of an activity. B. Occurs as a message leaves a pool. C. Occurs at the border of a pool. D. Takes place at the edge of a swimlane.
Which of the following is not true?
a. Gains (losses) are increases (decreases) in net assets from peripheral or incidental transactions of an entity and from other transactions and events affecting the entity except those that result from revenues (expenses) or investments by (distributions to) owners. b. Firms usually report gains and losses from sales of assets or settlements of liabilities at a net amount; that is, equal to the difference between the net asset received and the carrying value of the asset sold or between the net asset given and the carrying value of the liability settled. c. Gains and losses may arise from the remeasurement of assets and liabilities. d. Firms recognize gains and losses when they sell or exchange assets or settle liabilities in market transactions. e. Firms recognize gains and losses when those items enter the measurement of net income or other comprehensive income.
An agreement to sell the entire production of a particular plant to a particular purchaser is a requirements contract
Indicate whether the statement is true or false