Merchandise inventory accounting systems can be broadly categorized into two types. They are ________

A) FIFO and LIFO
B) perpetual and periodic
C) wholesale and retail
D) manufacturer and producer


B

Business

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The proper entry to make when a note is paid at maturity depends on whether it is an interest-bearing or a non-interest-bearing note

a. True b. False Indicate whether the statement is true or false

Business

A water supply system has a mean time between failures of 270 hr and mean time to repair of 5 hr. In this case, the availability is ______.

A. 0.982 B. 0.920 C. 0.950 D. 0.890

Business

Which of the following is an advantage to visiting a library to look at books for conducting research?

A) Books are more current than what can be found online B) Books are free to borrow C) Books contain a bibliography of similar types of resources for further research D) Librarians have determined the books are worthy of being in the library's collection E) Librarians can scan books into a web portal, allow for downloading

Business

The B/AR/CR process completes the:

A. billing process B. production process C. order-to-cash process D. inventory process

Business