Costs which are inventoriable include all of the following except
a. costs that are directly connected with the bringing of goods to the place of business of the buyer.
b. costs that are directly connected with the converting of goods to a salable condition.
c. buying costs of a purchasing department.
d. selling costs of a sales department.
Answer: d. selling costs of a sales department.
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Which of the following is true about horizontal partitioning?
A) Data can be stored to optimize local access. B) Data are less secure. C) There is consistent access speed. D) It only works with Macintosh systems.
A project you are considering is expected to provide benefits worth $225,000 in one year. If the risk-free rate of interest (rf) is 8%, then the value of the benefits of this project today are closest to:
A) $190,333 B) $208,333 C) $225,000 D) $243,000