If a used car is sold without a warranty, the label must state that the car is being sold "as is."

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Firms are abandoning Activity Based Costing (ABC) because

a. it does not facilitates the analysis of variances b. it is complex and time consuming c. it does not recognize the importance of direct labor as a component of total manufacturing cost d. the financial nature of the reports does not permit comparisons to be made among different types of products

Business

Data warehouses gather information from external databases, but not from internal databases.

Answer the following statement true (T) or false (F)

Business

IBM manager Celia Moore coordinates IBM's long-standing "Reinventing Education" program that involves intensive research into how educational institutions can use the fruits of new technologies to transform what they do

In the process, the program is actually helping to shape a market of significant interest to IBM. "We see the program very much as an investment, rather than handing out money," says Moore. The existence of this program indicates that IBM has a(n) ________ orientation. A) environmental B) financial bottom line C) selling D) production E) triple-bottom-line

Business

Knowledge of foreign languages

A. is of academic but not business value. B. is useless if you know English. C. requires too much work to be worth the effort. D. can be of great assistance in making sales abroad.

Business