What is a fixed-period system?
What will be an ideal response?
It is a system in which inventory orders are made at regular time intervals.
Business
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For a factor to be considered "relevant" to the macro-environment, it should be important enough to shape management's decisions regarding which of the following?
a. Long-term direction b. Objectives c. Business model d. Adopting new technology
Business
Determining the best way to raise money to fund a firm's long-term investments in fixed assets is an example of which cash-related activity in the cash flow cycle?
A) Operating activity B) Profitability activity C) Investing activity D) None of the above
Business