In the context of e-commerce,eBay and Craigslist are examples ofbusiness-to-government e-commerce.
Answer the following statement true (T) or false (F)
False
In consumer-to-consumer e-commerce, consumers buy from and sell to other consumers—think eBay and Craigslist. See 16-4: Information Technology and the World of E-Commerce
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Which of the following transactions is a significant noncash investing and financing activity?
a. Land is purchased for cash. b. Bonds are issued for cash. c. Cash equivalents are purchased. d. Equipment is acquired by issuing a long-term note.
The major criticism of the lower of cost or market rule for valuation of inventory is that
A) holding losses are recognized, but holding gains are not. B) holding gains are recognized, but holding losses are not. C) the total difference between selling price and cost is usually recognized in the period of the sale. D) the conservatism principle is violated because of the use of the floor constraint.
Disparate-impact discrimination occurs when a protected class of individuals is adversely affected by an employer's practices, even though they do not appear to be discriminatory
a. True b. False Indicate whether the statement is true or false
Use the following information for Ephron Company to compute days' sales in inventory for Year 2. (Use 365 days in a year.) Year 2 Year 1Net sales$547,500$572,000Cost of goods sold 348,500 370,840Ending inventory 75,700 81,400
A. 50.5 B. 82.3 C. 76.8 D. 79.3 E. 52.4