Three common categories of long-term assets are: 1) property, plant, and equipment, 2) investments, and 3) intangibles

a. True
b. False
Indicate whether the statement is true or false


True

Business

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The natural business year is a fiscal year that starts and ends at the time the stock of merchandise is normally at its lowest level

a. True b. False Indicate whether the statement is true or false

Business

Since OLAP applicationsare designed to process large amounts of records and produce summaries, they are usually significantly faster than relational applications such as those using _____.

A. XML B. FTP protocols C. SQL queries D. SGML

Business

Margaret tells the members of the Raleigh Association of Restaurant Owners that they will be able to get a better price on linen supplies (tablecloths, napkins) if they will deal with one supplier rather than split their business between two. They all know Margaret deals with Niagara Linen rather than Cayuga. Under the Sherman Act, if they all sign contracts with Niagara:

a. there is no violation since there is no express agreement to boycott Cayuga. b. illegality may be implied from this conduct. c. there is no concerted action. d. this is horizontal market allocation.

Business

Which of the following is the BEST example of management thinking during the "production era"?

A. "The more salespeople we have, the more we can sell." B. "If we produce a good product, customers will find us and buy it." C. "We need to find out what the customer wants." D. "We need to work hard to sell the product to our customers." E. "We need to make whatever products are easy to produce."

Business