Purchases of buildings and equipment are formally planned in the
A) depreciation budget.
B) budgeted balance sheet.
C) selling and administrative expense budget.
D) capital expenditures budget.
D
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The purpose of the purchase order is to
a. order goods from vendors b. record receipt of goods from vendors c. authorize the purchasing department to order goods d. approve payment for goods received
The Equal Credit Opportunity Act makes it illegal for a lender to discriminate against a potential borrower because of race, national origin, religion, or sex, but it is permissible to treat a borrower differently if he or she is on welfare
a. True b. False Indicate whether the statement is true or false
Which of the following terms refers to a pull system in which signals are used to withdraw parts
from feeding operations or suppliers? A) Poka-yoke B) Dispatching C) Andon D) Kanban
The entrepreneurial strategy matrix measures _____ and _____.
a. risk; security b. commitment; time c. risk; innovation d. opportunity; time