Describe how 3D printing technologies impact an organization's procurement process
What will be an ideal response?
With 3D printing, also called additive manufacturing, objects are manufactured through the deposition of successive layers of material. Just as two-dimensional printers deposit ink in two dimensions, 3D printers deposit material in three dimensions, layering material in the third dimension as it dries. Rather than relying on suppliers for all its raw materials, organizations may choose to "print" some raw materials in-house.
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The percent of sales method does not provide a reasonable prediction of asset levels for instances
when there are economies of scale in the use of the asset being forecast and when asset purchases are lumpy. Indicate whether the statement is true or false
When using the discounted cash flow approach to lease capitalization, how is the off-balance sheet lease obligation estimated?
A) present value of the replacement cost of the leased asset B) rent expense times capitalization rate C) present value of the future minimum lease payments D) present value of the historical cost of the leased asset