You will be presenting an overview of the changing diversity of your customers in each of your company's six regions. The best way to organize your presentation is by ________
A) geography/space
B) chronology
C) importance
D) best case/worst case
A
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Which of the following describes a computer-based system in which users' messages appear on each other's screens instantly?
A. Wikis B. Microblogs C. Blogs D. Email E. Instant messaging
Sherman, Inc counted its ending inventory as $178,000 at year-end, January 31, 2016 . Upon review of the records, it was noted that the following items were in transit during the count: A) $2,000 of goods shipped by a supplier to Sherman sent FOB destination on January 31 were received February 5, and were not counted by Sherman. B) $5,000 of goods shipped by a supplier to Sherman sent FOB
shipping point on January 30 were received February 2, and were not counted by Sherman. C) $6,000 of goods shipped by Sherman to a customer FOB shipping point on January 31 were received by the customer February 3, and were counted by Sherman. Determine the correct inventory balance at January 31. a. $172,000 b. $174,000 c. $178,000 d. $177,000
Capitalizing an expenditure rather than recording it as a revenue expenditure
a. affects the total book value of plant assets reported on the balance sheet and the amount of net income reported during a period. b. affects the total book value of plant assets on the balance sheet, but has no effect on the amount of net income reported during an accounting period. c. affects the amount of net income reported during an accounting period, but has no effect on the total book value of plant assets on the balance sheet. d. has no effect on the book value of plant assets on the balance sheet or the amount of income reported on the income statement.
Which of the following is not a characteristic of resources in the concept of competitive advantage?
a. valuable b. rare and not easily imitated c. non-sustainable d. non-substitutable