Which of the following observations concerning encumbrances is NOT true?
A. They are recognized only at the time disbursements are made.
B. They are an unique element of governmental accounting.
C. Their purpose is to ensure that the expenditures within a period do not exceed the budgeted appropriations.
D. They provide a control system and safeguard for governmental unit administrators.
Answer: A
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Logistics outsourcing refers to a practice in which third-party logistics providers (3PL) manage some of the ______.
A. logistics functions B. manufacturing functions C. marketing functions D. human resources functions
Under what condition would it be rational for the trading areas of two branch locations to completely overlap?
a. when the retailer desires cost economics in promotion b. when the retailer decides to switch store locations from one large store to two small stores c. when a retailer pursues a mass marketing strategy d. when each store has a different target market
Which of the following are often used by employers to guide, support and assess the performance of all employees and to align performance with the overall strategic intentions of the firm:
a. central values b. primary values c. core values d. fundamental values
The fact that the Apple iPad is easy to try-demo units are available at Apple stores as well as other retail stores-has helped it diffuse more quickly.
Answer the following statement true (T) or false (F)