SAP implementation has no effect on customer response time

Indicate whether the statement is true or false


FALSE

Business

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Budget Leasing issued 500 shares of $20 par value convertible preferred stock at $22 per share. Each preferred share is converted to 7 shares of $4 par value common stock. The entry to record this conversion would include a

A) debit to Additional Paid-in Capital on Preferred Stock for $11,000. B) credit to Common Stock for $11,000. C) debit to Retained Earnings for $3,000. D) credit to Additional Paid-in Capital from Preferred Stock Conversion for $3,000.

Business

Cost traceability is decreased in a just-in-time operating environment

Indicate whether the statement is true or false

Business

________ involves entering a foreign market by establishing foreign-based manufacturing facilities

A) Exporting B) Direct investment C) Joint venturing D) Contract manufacturing E) Direct exporting

Business

Effective writing is a ____________ activity, not an oral/aural one

a. daunting b. secondary c. cerebral d. visual

Business