An advantage of electronic data interchange (EDI) is that it ________
A) does not rely on any proprietary software
B) takes very little time to be set up in a company
C) enables a company to easily switch partners when required
D) improves supply chain performance
D
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If bonds are issued at a premium, the stated interest rate is
a. higher than the market rate of interest b. lower than the market rate of interest c. too low to attract investors d. adjusted to a higher rate of interest
As a human resource manager, Mitchell is examining all the procedures that have been adopted over the years and have become “the way we do things around here.” Many of these procedures were adopted to make the workplace more efficient, but Mitchell wants to check on whether that efficiency still exists. Mitchell is helping Acme Global become agile by ______.
A. creating a digital culture B. developing the ability to thrive on change C. exploring the value of “on-demand” workers D. reviewing legacy processes
What does the word "marketable" imply as far as "marketable securities"?
a. It implies that the securities should be classified as a temporary account. b. It implies that a firm owes money on the securities. c. It implies that the securities are considered to be goodwill. d. It implies that the firm can readily buy and sell the securities on an exchange. e. It implies that the firm has signed a formal written contract called an indenture.
Which of the following is not a reason why ARS 1 and ARS 3 fell short of the goal of obtaining a framework for APB accounting opinions?
a. The authors refused to abandon historical cost. b. The postulates were not complete and therefore could not exclude all value systems other than the one prescribed in the principles. c. At least one of the principles was not derived from any of the postulates. d. The question of whether valuations of various assets were additive became an issue.