[APPENDIX] A balance sheet of a sole proprietorship includes only the business assets and liabilities, not the personal assets of the owner
a. True
b. False
Indicate whether the statement is true or false
True
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Under the net method of recording purchases, the Discounts Lost account is used when the purchaser fails to take a discount offered by the seller.
Answer the following statement true (T) or false (F)
Which aspect of computerization is best used for retail training?
a. computerized checkouts b. videoconferencing c. electronic point-of-sales systems d. simulation
Your self-image is made up of variables such as
a. values and beliefs. b. aptitudes and special talents. c. morals and ethics. d. all of these choices.
The EOQ model assumes that order lead time is?
a. Unknown b. Known, but variable c. Known and constant d. The EOQ model makes no particular assumptions about order lead time