Cheryl Liao is an accountant at Folding Squid Technologies. While making an adjusting entry to the general ledger, she received the following error message, "The account number referenced in your journal entry does not exist. Do you want to create a new account?
A) validity check.
B) closed loop verification.
C) zero-balance check.
D) completeness test.
Answer: A) validity check.
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Assets are something of value that the business owns or has control of
Indicate whether the statement is true or false
A method of representing the product hierarchy of a BOM file is the ______.
a. Ishikawa diagram b. process-component matrix c. product structure tree d. fishbone diagram
Collaborative ______________ allows an organization to reduce the cost and time required during the design process of a product.
Fill in the blank(s) with the appropriate word(s).
For a resource to provide a firm with the potential for a sustainable competitive advantage, it must have four attributes. Which of the following is not one of these attributes?
A. rare B. easy for competitors to substitute C. valuable D. difficult for competitors to imitate