Integrated knowledge sets within an organization that distinguish it from its competitors and deliver value to customers are known as
A. individual competencies.
B. core capabilities.
C. human capital.
D. organizational competencies.
Answer: B
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Jackson and Campbell have capital balances of $100,000 and $300,000, respectively. Jackson devotes full time and Campbell one-half time to the business. Determine the division of $150,000 of net income when there is no reference to division in partnership agreement
a. $75,000 and $75,000 b. $37,500 and $112,500 c. $100,000 and $50,000 d. $112,500 and $37,500
Choice Mining Co paid $9,000 for some land that was expected to have 50,000 units of a natural resource on it. Development costs amounted to $520. It was expected that the land would require $780 of reclamation costs after production. In the first year of mining, 5,000 units of the natural resource were mined. At the beginning of the second year, it was estimated that only 40,000 units of the
natural resource remained and estimated reclamation costs should be increased to $960. In the second year, 8,000 units were mined. What was the amount of depletion for the second year? A) $1,714 B) $1,854 C) $1,890 D) $2,046
In the context of information systems, identify an advantage of prototyping.
a. A prototype guarantees the success of the final system. b. A prototype always reflects the final system’s actual operation. c. It does not require any support from the top management of a firm. d. It is easier to modify a prototype than a complete system.
Which of the following statements is true?
A) A part number identifies one part only. B) A significant part numbering system should always be used. C) The same part on different bills of material has different part numbers. D) All of the above are true. E) None of the above is true.