On a control chart, ________ successive data points on an increasing or decreasing line require an investigation for cause of progressive change.
Fill in the blank(s) with the appropriate word(s).
Answer: seven
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JCPenney looks at several capabilities when selecting a paper supplier. These organizational buying criteria include on-time delivery, the availability, quality and quantity of selected grades of paper, forestry management and sustainable practices, and price. This examination would be done during the ________ stage of the organizational buying decision process.
A. procurement analysis B. alternative evaluation C. break-even analysis D. purchase decision E. information search
On January 1, 20X8, Parsley Corporation acquired 75 percent of Sage Company's voting common stock for $90,000 cash. At that date, the fair value of the noncontrolling interest was $30,000. Sage's balance sheet at the date of acquisition contained the following balances: Sage CompanyBalance SheetJanuary 1, 20X8Cash$10,000 Accounts Payable$35,000 Accounts Receivable 20,000 Notes Payable 50,000 Land 40,000 Common Stock 100,000 Building and Equipment 165,000 Additional Paid-In Capital 20,000 Less: Accumulated Depreciation (50,000)Retained Earnings (20,000) Total Assets$185,000 Total Liabilities and Equity$185,000 At the date of acquisition, the reported book values of Sage's assets and liabilities approximated fair value. Consolidating entries are being made to
prepare a consolidated balance sheet immediately following the business combination.Based on the preceding information, in the entry to eliminate the investment balance, A. additional paid-in-capital will be credited for $20,000. B. retained earnings will be credited for $10,000. C. noncontrolling interest will be debited for 30,000. D. retained earnings will be credited for $20,000.
Once in place controls cannot be adjusted, regardless of the results of risk assessment of systems in the organization
Indicate whether the statement is true or false.
Indirect benefits are not directly attributable to the system or the system change.
Answer the following statement true (T) or false (F)