In the main store control organization, most authority remains with managers at the headquarters store
Indicate whether the statement is true or false
True
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Which of the following statements is false?
A) The inventory account is updated after every sale and after every merchandise purchase under the perpetual inventory system. B) The inventory account is updated only at the end of the accounting period under the periodic inventory system. C) A cost of goods sold account is updated after each sale of merchandise under the periodic inventory system. D) A purchases account is used only under the periodic inventory system.
Which of the following represents a business unit that shows rapid growth but poor profit margins?
A. star B. cash cow C. problem child D. loss leader E. dog
The characteristics of a typical GDSS include all of the following EXCEPT: ____.
A. flexibility B. reduction of negative group behavior C. support of positive group behavior D. defends against anonymous input
What is the expected return on equity using the Black-Scholes formula, given a zero-coupon bond that pays $250 at maturity in 4 years? Assume assets are worth $200, r = 0.05, ? = 0.30, and no dividend is paid. The return on assets is 11.5%
A) 10.27% B) 14.27% C) 18.27% D) 22.27%