Which of the following accounts is NOT a major account in the acquisition and payment cycle?
a. Inventory.
b. Cost of goods sold.
c. Accounts payable.
d. All of the above are major accounts.
d
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Program flowcharts are used to describe the logic represented in system flowcharts
Indicate whether the statement is true or false
Which of the following is NOT a primary use of scanner volume-tracking data?
A) forecasting trends B) price tracking C) modeling D) effectiveness of in-store modeling E) B and C
The magnitude of operating leverage for Forbes Corporation is 1.8 when sales are $200,000 and net income is $24,000. If sales increase by 5%, what is net income expected to be?
A. $43,200 B. $24,667 C. $26,160 D. $25,200
From the perspective of the company, which of the following is a potential drawback of using an unstructured organization?
A) less flexible capacity management B) higher fixed costs C) reduced agility D) lack of built-in accountability E) decreased loyalty in employees