An increasing amount of _____ in the financial services and many other industries are made in real time using DSSs.
A. data automation
B. materials management
C. long-range forecasts
D. decision making
Answer: D
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Lane Outfitters Company, a retailer, accepts payment through credit cards. During August, credit card sales amounted to $12,000. The processor charges a 3% fee. Assuming that the credit card processor uses the gross method, prepare the journal entries, on the books of Lane Outfitters, for the credit card sales and the payment of fees. (Ignore cost of goods sold.) Omit explanation.
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. Beginning in the 1980s, federal spending for many social programs was sharply reduced by President Gerald R. Ford. 2. Some people believe that commercialization of the nonprofit sector may result in profit being placed ahead of the mission. 3. Most museums are classified as 501(c)(3) by the Internal Revenue Service. 4. Religious organizations are not considered charitable nonprofits by the Internal Revenue Service.
On January 1 . 2012 . Costas Co purchased a new machine for $1,250,000 . The new machine has an estimated useful life of five years and the salvage value was estimated to be $250,000 . Costas uses the sum-of-the-years'-digits method of depreciation. The amount of depreciation expense for 2014 is
a. $200,000. b. $250,000. c. $300,000 d. $416,667
The major advantage of line charts is that they A) compare related items
B) present large amounts of data. C) show the proportion of parts to a whole. D) demonstrate trends.