An efficient Enterprise System can significantly lower the cost of support processes included in sales, general, and administrative expenses.
Answer the following statement true (T) or false (F)
True
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What is SCM software?
Which of the following statements regarding a lock-box system is incorrect?
A) Customers send their checks directly to a post office box that belongs to the company. B) Internal control is tight because company personnel never touch incoming cash. C) A bank employee empties the box daily and records the deposits into the company's bank account. D) Cash is put into the company's bank account quickly.
Anderson Compounds produces two industrial chemical compounds, Gorp and Gumm, from the same process, which last year, cost $480,000 . Anderson produced 20,00 . pounds of Gorp, which sells for $60 per gallon and 60,00 . gallons of Gumm, which sells for $30 per gallon. After the split-off point, Gorp required additional processing costing $300,00 . to make it salable. Using the adjusted sales
method, how much of the joint cost should be allocated to Gorp? a. $120,000 b. $320,000 c. $160,000 d. $192,000
Awards are often used to encourage
a. intermediate performance. b. short-term performance. c. long-term performance. d. both short-term and long-term performance.