Cost of goods sold represents an outflow of an asset, inventory, from the sale of products
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Sales force automation breaks down into three technologically broad areas of functionality. They are personal productivity, order processing, customer service, and:
A. sales manager monitoring. B. sales presentation preparedness. C. communications. D. distribution management. E. inventory control.
Which of the following can be defined as a business philosophy that values two-way communication between a company and individual customers?
A) ECR B) CRM C) EDI D) EPOS E) BOLD
Which of the following statements is true about management compensation?
a. The use of stock options as compensation can result in short–term dysfunctional behavior. b. Stock–based management compensation is provided to encourage managers to have a long term view in their decision making process. c. Under stock–based compensation, a manager may not be rewarded even if his or her individual performance is very good. d. All of these choices are true.
The NAICS codes are volumes of highly sensitive industry data stored by the government
Indicate whether the statement is true or false