Which of the statements below indicates that a company earned a net income for the period?
A) The sum of the credits exceeds the sum of the debits in the Balance Sheet columns on the work sheet.
B) The sum of the credits exceeds the sum of the debits in the Income Statement columns on the work sheet.
C) The sum of the debits exceeds the sum of the credits in the Income Statement columns on the work sheet.
D) Cash inflows exceeded cash outflows.
B
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Which of the following is an ERP add on system that organizes data by product, including designs, manufacturing specifications, quality and warranty performance?
a. product lifecycle management b. throughput c. push manufacturing d. pull manufacturing
Which of the following is usually not part of an ERP's OLAP applications?
a. logistics b. decision support systems c. ad hoc analysis d. what-if analysis
Beam Co. has net sales of $359,000, cost of goods sold of $154,500, and operating expenses of $94,300. Calculate gross profit.
What will be an ideal response?
Which of the following occurs as the level of service decreases?
A) Cost of waiting time decreases, and cost of providing service decreases. B) Cost of waiting time decreases, and cost of providing service increases. C) Cost of waiting time increases, and cost of providing service decreases. D) Cost of waiting time increases, and cost of providing service increases. E) Cost of waiting time first decreases, then increases; while cost of providing service decreases.