Which of the following line items would appear on the income statement of a company that uses the periodic inventory system, but not on that of a company that uses the perpetual inventory system?
A) Net Sales Revenue
B) Cost of Goods Sold
C) Cost of Goods Available for Sale
D) Operating expenses
C
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Utilitarian ethics holds that decisions should be made on the basis of practicality, and whatever action is most convenient should be favored
a. True b. False Indicate whether the statement is true or false
Circuit City Stores, Inc v. Commissioner of Revenue
a. the issue was where were the goods identified. b. the Court determined that the goods were not subject to Massachusetts sales tax because title did not pass until they were picked up in new Hampshire. c. The case involved insurable interest in good sold in one state but picked up in another. d. the court determined that until a specific serial number was recorded and the goods were identified title could not pass.
The Wi-Fi Alliance calls 802.1X mode ________ mode
A) enterprise B) personal C) WEP D) WPA
Answer the following statements true (T) or false (F)
1) The letter "I" in the Six Sigma acronym DMAIC stands for Improve. 2) As per the Risk and Return evaluation matrix for Six Sigma projects, projects that are home runs have a high risk and high return factor. 3) Waste of excess capacity is one of the seven wastes identified by Shigeo Shingo in a process. 4) The wastage due to overproduction is known as kaizen. 5) Kanban is a statistical tool used for quality management and process improvement.