The project plan for the development of the product includes ______.
a. the importance of the project
b. resources needed for the project
c. the government requirements for the project
d. the ISO mandates for the project
b. resources needed for the project
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Suppose an item stays in an inventory system for an average of 8 days, and the demand rate for this item is 15 units per day. Determine the average inventory level for this item.
a. 100 b. 80 c. 120 d. 150
No writing is required in the case of nonresellable goods
Indicate whether the statement is true or false
In the JK partnership, Jacob's capital is $140,000, and Katy's is $40,000. They share income in a 3:2 ratio, respectively. They decide to admit Erin to the partnership. Each of the following questions is independent of the others.Refer to the information provided above. Assume that Erin invests $40,000 for a one-fifth interest. Goodwill is to be recorded. The journal entry to record Erin's admission into the partnership will include:
A. a credit to Erin, Capital for $40,000 B. a credit to Cash for $40,000 C. a credit to Erin, Capital for $45,000 D. a debit to Goodwill for $4,000
SAP and Oracle are the highest ranked ERP vendors in the market
Indicate whether the statement is true or false