In supply chain management (SCM), many companies substitute _____ for printing, mailing, and faxing paper documents, such as purchase orders, invoices, and shipping notices
A) electronic data interchange
B) electronic design automation
C) electronic design processing
D) electronic data validation
A
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Land Corporation reported the following:
Which of the following is included in the entry to record the corporation's purchase of 40,000 shares of its common stock for $12.00 per share?
A) Treasury Stock—Common is debited for $480,000.
B) Paid-In Capital from Treasury Stock Transactions is credited for $135,000.
C) Retained Earnings is debited for $480,000.
D) Common Stock—$5 Par Value is credited for $200,000.
The direct charge-off method makes no attempt to match bad-debt losses with revenues
Indicate whether the statement is true or false
The result of closing entries is that balances in all temporary accounts
a. are adjusted to historical cost. b. include monthly depreciation. c. are adjusted to current market values. d. are adjusted to budgeted amounts. e. None of these answer choices are correct.
Order lead time is defined as _____
a. average sales per day b. extra inventory kept on hand to protect against stockouts c. the stock level at which an order must be placed d. the time period from when an order is placed until goods are ready for sale