Describe the six ebusiness tools for connecting and communicating.
What will be an ideal response?
As firms began to move online, more MIS tools were created to support ebusiness processes and requirements. The ebusiness tools used to connect and communicate include email, instant messaging, podcasting, content management systems, videoconferencing, and web conferencing.
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The cost that is assigned to inventory includes the purchase price, delivery cost, insurance, and occasionally, ____________________
Fill in the blank(s) with correct word
Which of the following is not a hindrance to perfectly rational decision making?
A. complexity B. intuition C. managers' different values D. information overload E. conflicting goals
Before applying substantive procedures to the details of asset and liability accounts at an interim date, the auditor should:
A. consider the ability of the auditor to perform appropriate substantive procedures to cover the remaining period. B. select only those accounts which can effectively be sampled during year-end audit work. C. consider the compliance tests that must be applied at the balance sheet date to extend the audit conclusions reached at the interim date. D. investigate significant fluctuations that have occurred in the asset and liability accounts since the previous balance sheet date.
Under the net realizable value method approach, no value is recognized for by-products or scrap until they are actually sold
Indicate whether the statement is true or false