Retail stores could send their orders directly to the manufacturer's sales order system in a format that would eliminate the need for data entry, using

A) Vendor Managed Inventory.
B) Electronic Data Interchange.
C) Point Of Sale.
D) Electronic Funds Transfer.

Answer: B) Electronic Data Interchange.

Business

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In today's Wall Street Journal, you see the Greek drachma (GRD) quoted at $0.003635. Yesterday, it was quoted at $0.003521. The drachma ________ by ________

A) depreciated; 1.14% B) appreciated; 3.05% C) depreciated; 3.05% D) appreciated; 3.24% E) depreciated; 3.24%

Business

The statement of cash flows shows the change in a firm's working capital

Indicate whether the statement is true or false.

Business