Maintaining physical custody of the raw materials and finished goods inventories is the responsibility

of the accounting department.

Indicate whether the statement is true or false.

Answer: FALSE

Business

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The goal of operational feasibility is to understand the degree to which a proposed system will likely solve the business problems or take advantage of opportunities

Indicate whether the statement is true or false

Business

Information for distributing labor charges to jobs, departments, or other accounts comes primarily from:

a. attendance time cards b. job time tickets c. a temporal event d. employee paychecks

Business