SCC (Standards Council of Canada), ISM (Institute for Supply Management)

question 60

Multiple Choice

SCC (Standards Council of Canada) , ISM (Institute for Supply Management) , APICS (Association for Operations Management) , and PMI (Project Management Institute) are important professional organizations to operations management because they do all of the following except

• A) provide certification for professionals.
• B) allow professionals to keep up with industry developments.
• C) facilitate professional networking.
• D) provide opportunities to enhance your education.
• E) act as employment agencies for professionals.

Recognize pivotal moments in the struggle for civil rights and social justice within the United States.

Explain the significance of major domestic and international events on U.S. foreign and domestic policy.

Describe the influence of political ideologies on American politics and governance.

Analyze the factors contributing to economic changes and challenges in the 1990s and early 2000s.

---

Definitions:

Unamortized Patent

A patent that has not yet been fully written off through amortization in a company's financial statements, representing an intangible asset still holding value.

Land Account

An account used in accounting to record the cost of land owned by a company. It includes the purchase price and any additional costs incurred to prepare the land for use.

Fair Value

The price at which an asset would be bought or sold in an orderly transaction between market participants at the measurement date.

Unamortized Patent

The portion of a patent's cost that has not yet been expensed in the income statement over the patent's useful life.