________ is a feature of simulation models that allows them to obtain operating-characteristic estimates in much less time than is required to gather the same operating data from a real system
Fill in the blanks with correct word
Time compression
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At the end of the day, the cash register tape shows $1060 in cash sales, but the count of cash in the register is $1085. The proper entry to account for this excess is:
A. Debit Cash $1085; credit Sales $1085. B. Debit Cash $1060; debit Cash Over and Short for $25; credit Sales $1085. C. Debit Cash $1085; credit Sales $1060; credit Cash Over and Short $25. D. Debit Cash Over and Short $25; credit Cash $25. E. Debit Cash $1060; credit Sales $1060.
Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $260,000, $350,000, and $400,000, respectively, for September, October, and November. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale, 20% in the month following the sale,
and the remainder in the following month. The cash collections in September from accounts receivable are: A) $223,600 B) $145,600 C) $192,000 D) $168,000
________ are intangible benefits of information systems.
a. Reduced workforce, lower outside vendor costs, and increased productivity b. Increased productivity, reduced workforce, and increased job satisfaction c. Improved asset utilization, increased organizational learning, and improved operations d. Lower operational costs, improved resource control, and more information
Mary Kay, Inc. can be classified as which type of company when marketing its products around the world?
A. multidomestic firm B. transnational firm C. global marketing firm D. international firm E. multinational firm