The organization that provides national and institutional leadership in purchasing and materials management is:
A) APICS.
B) ISM.
C) CLM.
D) ASQ.
Answer: B
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Bright Eyes Paints Company uses the direct method for preparing its statement of cash flow
Bright Eyes reports the following information regarding 2017: From the income statement: Sales Revenues, $266,000 Cost of Goods Sold, $212,000 Operating Expenses, $37,000 Net Income $17,000 From the balance sheet: Beginning Balance Ending Balance Accounts Receivable $14,900 $18,400 Merchandise Inventory 23,900 17,800 Accounts Payable 6,100 13,800 Accrued Liabilities 4,500 1,500 Assume that there were no sales of long-term assets, no interest revenue, and no expenses other than the expenses shown above. Also, assume that Accounts Payable are for purchases of merchandise inventory only. What amount will be shown for the net cash flow from operating activities? A) $64,300 B) $24,300 C) $17,000 D) $9,300
Licensed and appointed agents represent
A) the state insurance department B) the insurer C) the National Association of Insurance Commissioners D) the applicant or insured"