The use of sophisticated information sharing platforms has increased in recent years in many organizations. This has helped to

A. keep employees satisfied with social networks.
B. facilitate internal and external collaboration.
C. override the need for email.
D. increase paperwork.


Answer: B

Business

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Frisco Company's Merchandise Inventory account at year-end has a balance of $62,115, but a physical count reveals that only $61,900 of inventory exists. The adjusting entry to record this $215 of inventory shrinkage is:

A.

Cost of goods sold215 
Merchandise Inventory 215

B.
Cost of goods sold215 
Purchases discounts 215

C.
Purchases discounts215 
Cost of goods sold 215

D.
Merchandise Inventory215 
Inventory shrinkage expense 215

E.
Inventory shrinkage expense215 
Cost of goods sold 215

Business

When a dispute arises between different countries, the preferred method of resolution is to litigate the case through the foreign court system because it is less expensive and ?more private to do so.

Answer the following statement true (T) or false (F)

Business

A statement of work ______.

a. is a detailed description of the work required for the project b. specifies the scope of work needed to be compliant with government regulations c. specifies the scope of work needed to be compliant with ISO regulations d. is a summary description of the project plan

Business

Alliances can help partners control ______ because they imply that two or more organizations work together and share, for example, investment in crucial technologies.

a. Risk b. Employees c. Infrastructure d. Technology

Business