One of the advantages of a computerized accounting system is that the computerized system eliminates the need for internal controls

a. True
b. False
Indicate whether the statement is true or false


False

Business

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Stereotyping people affects the service provider-customer relationship.

Answer the following statement true (T) or false (F)

Business

If the daily demand is 40 units and the lead time is 12 days, the reorder point is

a. 40 units b. 48 units c. 480 units d. none of the above

Business

The formula to calculate the cell conversion cost rate is ________

a. Total Budgeted Factory Overhead Cost / Total Budgeted Plantwide Allocation Base b. Budgeted Conversion Cost / Planned Hours of Production c. Planned Production Hours / Budgeted Conversion Cost d. Total Budgeted Plantwide Allocation Base / Total Budgeted Factory Overhead Cost

Business

Most entrepreneurs prepare a business plan to:

A. Provide a road map for developing, managing, and operating the business B. Raise outside equity C. Raise debt capital D. All the above

Business