In a formal buying organization, the most valuable source of information in implementing merchandise plans is _____

Under the perpetual inventory system, the journal entry to record cost of goods sold:

A) Cost of Goods Sold XX Sales XX B) Merchandise Inventory XX Sales XX C) Cost of Goods Sold XX Merchandise Inventory XX D) Sales XX Merchandise Inventory XX

The only way to ensure that public relations advice for management is headed in the right direction is to base that advice on hard data whenever possible

Indicate whether the statement is true or false