A company's current ratio is 1.2 and its quick ratio is 0.25. This company is probably an excellent credit risk because the ratios reveal no indication of liquidity problems.
Answer the following statement true (T) or false (F)
False
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The stock release copy of the sales order is not used to
a. locate and pick the items from the warehouse shelves b. record any out-of-stock items c. authorize the warehouse clerk to release custody of the inventory to shipping d. record the reduction of inventory
Which of the following methods is used for process layout analyses using quantitative data?
a. cost optimization method b. relationship rating method c. line balancing method d. factor rating method
The Federal Trade Commission is a government agency that issues rules, orders, and decisions. The Georgia state legislature enacts statutes. The Jackson County Board and the Peach City Council enacts ordinances. Administrative law includes
A. all law that affects a business's operation. B. the rules, orders, and decisions of the Federal Trade Commission. C. statutes enacted by the Georgia state legislature. D. ordinances created by the Jackson County Board and the city council of Peach City, Georgia.
What has been the focus of the purchasing function in the new millennium (year 2000 onwards) and what is its impact on the firm?
What will be an ideal response?