If goods are shipped FOB destination, the buyer should include these items in inventory while they are in transit

Indicate whether the statement is true or false


F

Business

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Laws that make certain activities crimes are an example of which function of the law?

Business

Characteristics of a lean supply chain include ______.

a. greater frequency of quality inspections b. vendor-managed inventory c. increased amount of rework d. increased quantity of scrapped materials

Business

A company is expanding and has already signed a lease on new office space that costs $10,000 per

month. The company also needs a new information system and hired a consultant to recommend new software. The consultant was paid $5,000 for her recommendation. Now the company is trying to make a choice between three competing software products. In the capital budgeting decision to purchase new software, the monthly rent for the office space is ________ and the consultant's fee is ________. A) a sunk cost; a sunk cost B) a sunk cost; a part of the initial outlay C) an opportunity cost; a sunk cost D) incremental cash outflow; an opportunity cost

Business

Which of the accountant roles involves contributing to systems survey and needs analysis?

A. programmer B. analyst C. purchaser D. implementer

Business