When goods are being ordered from a vendor, which electronic files are either read or updated?

A) inventory, vendors, and accounts payable
B) vendors and accounts payable
C) open purchase orders and accounts payable
D) inventory, vendors, and open purchase orders

Answer: D) inventory, vendors, and open purchase orders

Business

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Nintendo, producer of the Wii video game console, might define its competitors as other makers of physically interactive video games

But from a(n) ________ point of view, it would include all firms making physically interactive recreational products. A) industry B) market C) segment D) niche E) interdependent

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A statement of retained earnings shows:

A. The changes in the Cash account occurring during the accounting period. B. The revenue, expense, and dividends of the period. C. The types of assets which have been purchased with the earnings retained during the accounting period. D. The changes in the Retained Earnings account occurring during the accounting period.

Business