What are time fences? Why are they used?
What will be an ideal response?
Time fences allow a segment of the master schedule to be designated as "not to be rescheduled." They are used to reduce system nervousness in MRP environments.
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Which of the following is likely if the distribution channel for a product in the foreign country is long?
A) the foreign country buyers pay a high price B) the consumer will pay arms-length price C) the profit margin of the sellers increase D) the intermediaries are motivated to reship the product to another country to earn higher profits E) the seller can increase profit margins by charging a uniform price
When performing a substantive analytical procedure related to interest expense, the auditor will likely not test the client's internal controls
a. True b. False Indicate whether the statement is true or false
In the United States, government operates under federalism where both the federal and state regulate citizens
a. True b. False
If £1 buys $1.53, then the reciprocal states that $1 buys what?
A) £0.3566 B) £0.5636 C) £0.6536 D) £1.5300