Using the percentage of sales method of forecasting,
A) only asset accounts increase or decrease proportionally with sales.
B) all asset and liability accounts increase or decrease proportionally with sales.
C) accounts payable and accrued expenses are the only liabilities that increase or decrease
proportionally with sales.
D) all balance sheet accounts increase or decrease proportionally with sales.
C
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Which of the following acts forbids monopolies and attempts to monopolize commerce or trade either between the states of the United States or in international commerce affecting the United States?
A. Section 2 of the Sherman Act B. Section 2(a) of the Robinson-Patman Act C. Section 4 of the Clayton Act D. Section 7 of the Clayton Act
Business plans are essential for external legitimacy and internal understanding.
Answer the following statement true (T) or false (F)
Define the concepts of, and relationship between, information technology and management information systems. Identify the three primary reasons why managers need information.
What will be an ideal response?
Object-oriented databases:
A. include abstract data types B. organize data in two-dimensional tables C. are inferior to relational databases D. are used by most organizations