Products are made to order, and each order has its own unique material and processing requirements, processing sequence, and processing times in ______ processes.
A. intermittent
B. machine
C. line
D. continuous
A. intermittent
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In a perpetual inventory system, costs of goods sold are accumulated in the cost of goods sold account as sales occur during the year
a. True b. False Indicate whether the statement is true or false
Your bank account pays a 5% nominal rate of interest. The interest is compounded quarterly. Which of the following statements is CORRECT?
A. The periodic rate of interest is 5% and the effective rate of interest is also 5%. B. The periodic rate of interest is 1.25% and the effective rate of interest is 2.5%. C. The periodic rate of interest is 5% and the effective rate of interest is greater than 5%. D. The periodic rate of interest is 1.25% and the effective rate of interest is greater than 5%. E. The periodic rate of interest is 2.5% and the effective rate of interest is 5%.
The phase of ERP implementation in which a firm familiarizes itself with the ERP system is referred to as?
a. Synergize b. Synthesize c. Stabilize d. Synchronize
The bankruptcy definition of "insolvency" is a financial condition such that the sum of one's debts exceeds the sum of all one's property at fair valuation
a. True b. False Indicate whether the statement is true or false