Answer the following statements true (T) or false (F)
In a ratio scale, the zero point implies “nothingness,” or the absence of the quality being measured.
ANSWER: T
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Internal control consists of six components.
Answer the following statement true (T) or false (F)
In an efficient supply chain and information system, net sales increase because
A. retailers get tax benefits for setting up the system. B. customers are offered tailored assortments that are in stock. C. retailers are offered heavy discounts by their suppliers. D. retailers prohibit customers from window shopping. E. customers are offered heavy discounts on the products.
The minimum rate of return is also known as
a. hurdle rate b. payback period c. net present value d. cost of debt
A(n) ________ refers to a document that demonstrates evidences of a member's ownership interest in an LLC (limited liability company)
A) certificate of interest B) article of organization C) operating agreement D) agreement of conversion