A person who is insane but not adjudged insane cannot void a contract he or she has entered into
Indicate whether the statement is true or false
FALSE
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A machine costing $75,000 is purchased on September 1, Year 1. The machine is estimated to have a salvage value of $10,000 and an estimated useful life of 4 years. Double-declining-balance depreciation is used. If the machine is sold on December 31, Year 3 for $13,000, the journal entry to record the sale will include:
A. A credit to gain on sale for $4,979. B. A debit to loss on sale for $2,625. C. A credit to accumulated depreciation for $59,375. D. A credit to gain on sale for $8,000. E. A debit to loss on sale for $3,042.
The ACH network electronically transfers funds by crediting the collector's bank account and debiting the payer's bank account for the amount of a payment.
Answer the following statement true (T) or false (F)
Information is potentially the biggest driver of performance in the supply chain as it directly affects each of the other drivers
Indicate whether the statement is true or false.
Among other things, the amount of safety stock carried will depend upon:
A) the service level desired. B) variability of demand during the lead time. C) the frequency of reorder. D) all of the above E) A and B above