A company's__________includes all of the companies involved in all of the upstream and downstream flows of products, services, finances, and information, from initial suppliers to the ultimate consumer

Generally accepted accounting principles are:

A) Accounting standards enforced by the Internal Revenue Service B) Guides to action that apply primarily to the process of financial accounting C) Guides to action that apply primarily to the process of managerial accounting D) Accounting standards that never change E) None of the above

The use of a part-time workforce to increase the capacity flexibility by enabling the firm to have more people at work during peak periods is designing product flexibility into the production processes

Indicate whether the statement is true or false.