The value chain is the sequence of business activities in which usefulness is added to the products or the services within an organization

Indicate whether the statement is true or false


T

Business

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Simple interest on a loan can be calculated by multiplying the principal by the annual interest rate expressed as a percentage of the time in years or a fraction of the time in years

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

Business

For monetary-unit sampling, a sampling interval of 400 means that:

A. the average misstatement in sample items is $400. B. every 400th dollar in the account will be included in the sample. C. the average size of items in the account is 400. D. every 400th item in the account will be selected in the sample.

Business

An amount that a merchandiser earns by selling its inventory is known as sales revenue or sales

Indicate whether the statement is true or false

Business

A ________ clause prohibits you from recruiting key clients or employees away from your former employer for a year or two.

A. mandatory matching B. nondisclosure C. nonsolicitation D. payback

Business