Electronic payroll systems are more efficient than manual systems
Indicate whether the statement is true or false
T
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The data analysis technique that uses sophisticated algorithms to try to determine the future actions of customers is called
A. recency-frequency-monetary analysis. B. customer segmentation analysis. C. demographic value analysis. D. predictive modeling. E. lifetime value analysis.
In a period of rising inventory prices, use of the FIFO cost flow method would cause a company to pay more income taxes than would use of LIFO.
Answer the following statement true (T) or false (F)
Which of the following statements describes how losses will be settled if a property insurance policy is written on a replacement cost basis?
A) Losses are settled without the applicable deductible. B) Losses are settled without a deduction for depreciation. C) The insurer must replace the damaged or destroyed property in lieu of a cash settlement. D) The policy is converted to a valued policy.
Maxine offered to sell her video camera to Tom for $200 and also stated to Tom, "I will give you two weeks to accept my offer." One week later Tom learned that Maxine had sold the video camera to Cindy. Maxine:
A) has revoked her offer to Tom. B) must sell Tom a video camera for $200 because she made a firm offer to him. C) must get the camera back from Cindy if Tom accepts within two weeks. D) Both (b) and (c) are appropriate alternatives in this case.