An enterprise resource planning system is composed of numerous software modules

Indicate whether the statement is true or false


T

Business

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If a professor charges extra fees to take a regularly scheduled class, it would not qualify as consideration because such an act:

A. would violate the preexisting duty rule. B. is prohibited by promissory estoppel. C. is a tort. D. is new consideration that is provided to support a modification.

Business

The use of dummy variables refers to a respecification procedure using variables that take on only two values, usually 0 or 1

Indicate whether the statement is true or false

Business

56) Regarding the profit margin ratio, which of the following statements is incorrect?

A) The higher the profit margin ratio, the more sales dollars end up as profit. B) The profit margin ratio is computed by dividing net sales by net income. C) The profit margin ratio shows how much net income a business earns on every $1.00 of sales. D) The profit margin ratio focuses on the profitability of a company and is often reported in the business press.

Business

The acronym CPOE stands for computerized prescription order entry.

Answer the following statement true (T) or false (F)

Business