Which of the following is NOT a source for new idea generation

a. Taking ideas from similar organizations or competitors
b. Reach for prior experiences and prior approaches
c. Review of sources of grants and foundation bequests
d. Review of journals, newspapers and magazines
e. Ask employees and volunteers currently on staff


B

Business

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Explain two types of coding schemes and give examples of their use

Business

Glasgow, Inc. uses the periodic inventory system. On February 1, the corporation purchased inventory on account for $14,000. The terms were 4/10, n/30. On February 2, it returned damaged goods worth $700 to the supplier and was granted an allowance

Give the journal entry for the payment if the invoice is paid after the discount period. (Round your answers to the nearest dollar.) A) Accounts Payable 13,440 Cash 12,902 Purchase Discounts 538 B) Cash 14,000 Accounts Payable 14,000 C) Accounts Payable 13,440 Cash 13,440 D) Cash 12,902 Purchase Discounts 538 Accounts Payable 13,440

Business

Products that are in the process of being manufactured but are not yet complete are called:

A. Finished goods inventory. B. Work in process inventory. C. Cost of goods sold. D. Conversion costs. E. Raw materials inventory.

Business

The availability bias describes the actions of decision makers who try to create meaning out of random events.

Answer the following statement true (T) or false (F)

Business