Organizational Feasibility Concerns Whether a New System Fits Within an Organization's

question 39

True/False

Organizational feasibility concerns whether a new system fits within an organization's customs, culture, charter, or legal requirements.

Estimate inventory cost using the retail method.

Estimate inventory cost using the gross profit method.

Distinguish between FOB shipping point and FOB destination and its impact on inventory valuation.

Analyze the effects of consigned goods on inventory accounts.

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Definitions:

Conscious Determinants

Factors that are consciously recognized and understood to influence an individual's thoughts, feelings, and behaviors.

Cognitive

Relating to mental activities such as thinking, understanding, learning, and remembering.

Psychoanalytic

Pertaining to a theory of psychology and method of psychotherapy that aims to treat mental disorders by investigating the interaction of conscious and unconscious elements in the mind.

Personality

The characteristic set of behaviors, cognitions, and emotional patterns that evolve from biological and environmental factors.