In designing a process, which of the following needs to be considered?
A) the volume to be produced
B) the desired quality level
C) the degree of customer involvement
D) all of the above
E) none of the above
D
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Day-to-day transactions are stored in the operational database
Indicate whether the statement is true or false
Under international accounting standards, if a sale-leaseback results in an operating lease then
a. any profit on the original sale is deferred and recognized over the life of the subsequent lease. b. any profit on the original sale is not recognized in the financial statements. c. any profit on the original sale is deferred and recognized over the life of the leased asset. d. assuming the original sale was clearly at fair value, any profit is recognized immediately even when the leaseback results in an operating lease.
Your assets minus your liabilities at any one time equals your ____________________.
Fill in the blank(s) with the appropriate word(s).
A promoter who enters a preincorporation contract in the name of the corporation usually remains liable on the contract even if the corporation adopts it
a. True b. False Indicate whether the statement is true or false