Typically, _____ ISs receive records of routine business transactions-such as the purchase of raw materials or services, or the sale of manufactured goods-from transaction processing systems (TPSs).
A. sales
B. human resources
C. marketing
D. accounting
Answer: D
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Total ordering and holding costs
A) are relatively stable. B) are relatively stable around the economic order quantity. C) are relatively unstable around the economic order quantity. D) are unstable. c
A favorable balance of payments means that
A. exports exceed imports. B. imports exceed exports. C. payments exceed trade. D. exports and other payments exceed imports and other receipts. E. total receipts exceed total payments.
Let G be the global minimum variance portfolio. The weights of A and B in G are __________ and __________, respectively.
Consider the following probability distribution for stocks A and B:
A. 0.40; 0.60
B. 0.66; 0.34
C. 0.34; 0.66
D. 0.77; 0.23
E. 0.23; 0.77
Teall Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month: Budgeted level of activity 8,500MHsActual level of activity 8,600MHsStandard variable manufacturing overhead rate$5.70per MHBudgeted fixed manufacturing overhead cost$50,000 Actual total variable manufacturing overhead$51,600 Actual total fixed manufacturing overhead$54,000 What was the fixed manufacturing overhead budget variance for the month?
A. $570 Favorable B. $570 Unfavorable C. $4,000 Unfavorable D. $4,000 Favorable