Which of the following statements is false with regard to storage?

a. Storage refers to the warehousing function that organizations use.
b. Outbound storage refers to the storage of products and services after production and prior to shipment to customer.
c. Each manufacturer may have multiple storage facilities.
d. Only the primary firm (not first- or second-tier suppliers) have storage facilities.


d. Only the primary firm (not first- or second-tier suppliers) have storage facilities.

Business

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The etymology of a word tells you its ________

A) origins and history B) part of speech C) pronunciation D) usage label

Business

An importer accelerates payment of the necessary currency exchange (leads) when she thinks the currency will devalue in terms of the foreign payment currency.

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

Business

An auditor wishes to perform tests of controls on a client's cash disbursements relating to accounts payable. If the control procedures leave no audit trail of documentary evidence, the auditor most likely will test the procedures by:

A. Observation and inquiry. B. Confirmation and observation. C. Inquiry and analytical procedures. D. Analytical procedures and confirmation.

Business

Which of the following management principles emanated from Steve Jobs?

a. Sell products, not dreams. b. Put a dent in the universe c. Say yes to 1,000 things. d. Strive to reach practical milestones.

Business