Goals of ERP include all of the following except
a. improved customer service
b. improvements of legacy systems
c. reduced production time
d. increased production
B
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A contract
A) must have commercial substance to be legally enforceable. B) may qualify for revenue recognition even if one party can unilaterally cancel the contract before performance. C) must be in writing to be enforceable for accounting purposes. D) is an agreement that creates enforceable rights and obligations.
An indirect qualitative projective technique is best to use when conducting research to determine what milk drinkers prefer to eat with their milk
Indicate whether the statement is true or false
Howard is a partner in the Smithton Partnership with a basis of $20,000. During the current year, the partnership is liquidated, and the partnership distributes cash of $22,000 and property with a basis of $8,000 and a fair market value of $15,000 to each partner. What amount must Howard report as a gain from the liquidation?
A. $-0- B. $2,000 C. $10,000 D. $15,000 E. $17,000
Which activity would require the largest capital charge under the 1988 Basel Accord: a loan to another bank or a loan to a large MNC? Would this necessarily be true under the Basel II rules?
What will be an ideal response?