Which order of tasks is used when purchasing services?
A. Enter Invoice > Write Check
B. Enter Invoice > Receive Payment > Make Deposit
C. Enter Bills > Pay Bills
D. Create Purchase Order > Receive Bill > Enter Bill > Pay Bills
Answer: C
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A company with income before income taxes of $194,000, and $20,000 in interest expense, has an interest coverage ratio of
A) 10.7 times. B) 8.7 times. C) 9.7 times. D) 1.1 times.
Cost of handling alone accounts for ______.
A. 20–25% of total logistics costs B. 20–25% of total manufacturing costs C. 12–15% of total logistics costs D. 12–15% of total manufacturing costs
Recent studies suggest that, on average, investments clubs
A) outperform broad market indexes by several percentage points. B) underperform broad market indexes by a several percentage points. C) earn average rates of return. D) no data is available on investment club performance.