In which type of inventory control system is the entire inventory of a product ordered at one time and not replenished upon consumption?

A. single-period system
B. multi-period system
C. continuous replenishment system
D. instant-ordering system


A. single-period system

Business

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Dividends and interest from Minority, Passive Investments become income when the

a. dividends and interest are received. b. dividends and interest are earned. c. dividends are earned and the interest is declared. d. dividends are declared and the interest is earned. e. dividends are declared and the interest is received.

Business

The accounting equation for Long Company shows an increase in its assets and an increase in its liabilities. Which of the following transactions could have caused that effect?

A) Cash was received from providing services to a customer. B) Cash was received as a stockholder investment. C) Equipment was purchased on credit. D) Supplies were purchased for cash. E) Advertising expense for the month was paid in cash.

Business

A value chain can be considered a "cradle-to-grave" input-output model of the operations function

Indicate whether the statement is true or false

Business

Free flow of information is the same with either the open plan or private office

Indicate whether the statement is true or false

Business