The ________ model is used to define processes and relationships in supply chain management
Fill in the blank with the appropriate word.
Answer: SCOR
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Data processing does not involve
a. data control b. computer operations c. system maintenance d. data conversion
Tower Company owns 85% of Hill Company. The two companies engaged in several intra-entity transactions. There were no excess fair-value amortization amounts to account for. Each company's income before income tax and dividend income for the current time period follow, as well as the effects of intra-entity gross profits on remaining inventory which are included in the separate net income amounts. No income tax accruals have been recognized within these totals. The tax rate for each company is 30%. Tower CompanyHill CompanySeparate income before income tax (excluding equity or dividend income from Hill)$200,000$80,000Intra-entity gross profit on remaining inventory (included in income above)25,00010,000Dividend income from Hill10,200 Dividends declared15,00012,000?Using the percentage
allocation method for assigning income tax expense, the income tax expense assigned to Hill is closest to: A. $0. B. $21,000. C. $17,400. D. $24,000. E. $20,400.
The issue of deciding when to record a transaction is solved by
a. properly classifying the transaction. b. deciding on a point of recognition. c. assigning historical cost to the transaction. d. analyzing the intent of management.
What is the best way to get a meeting with a professional investor to make your pitch?
a. Persistent phone calls b. Persistent emails c. Make an appointment in person d. Get a trusted referral