In addition to operations, which of the following is considered a "line" function?

A. Accounting
B. Finance
C. LT
D. Procurement
E. Sales

Answer: E. Sales

Business

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Which of the following can help companies make strategic planning effective?

a. Refraining from involving top management in the strategic planning process b. Making strategic an ongoing process rather than an annual exercise c. Eliminating managerial intuitions d. Avoiding cross-functional teams

Business

Journalize the following transactions for a merchandiser that uses the perpetual inventory system

On January 8, inventory was sold for $6,000 on account. Credit terms were 3/15, n/30 (cost $4,500 ) On January 17, cash was received in full settlement of the January 8 sale. What will be an ideal response

Business