The primary function of collateral is to secure payment of the loan

Indicate whether the statement is true or false

TRUE

Business

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When an asset is purchased during the year, it is not necessary to record depreciation expense in the first year under the straight line method.

a. true b. false

Business

Which of the following is NOT one of the 10 strategic operations management decisions?

A) layout strategy B) maintenance C) process and capacity design D) mass customization E) supply chain management

Business