Microsoft's Exchange/Outlook and Lotus Notes provide people with e-mail, automated calendaring, and online, threaded discussions, enabling close contact with others, regardless of their location. Identify the type of information system
A) collaboration system
B) office automation system
C) data mining and visualization system
D) functional area information system
E) geographic information system
A
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The adjusting entry to apply factory overhead to the work in process ending inventory account includes
a. debiting Finished Goods Inventory and crediting Factory Overhead; b. debiting Factory Overhead and crediting Work in Process Inventory; c. debiting Work in Process Inventory and crediting Factory Overhead; d. debiting Factory Overhead and crediting Finished Goods Inventory; e. debiting Factory Overhead and crediting Cost of Goods Sold
When gross margin pricing is used, the markup percentage includes
A) desired profits plus total selling, general, and administrative expenses. B) only the desired profit factor. C) total costs and expenses. D) desired profits plus total fixed production costs plus total selling, general, and administrative expenses.
Which of the following is considered a period cost?
A. Advertising expense for the current month B. Cost of merchandise purchased C. Transportation cost on goods received from suppliers D. None of these answer choices are considered a period cost
The most commonly used credit scoring system is the Fair, Isaac and Company (FICO) scale. The FICO scale runs from _____.
A. 300 to 850 B. 200 to 500 C. 800 to 1200 D. 400 to 950