Answer:
Answer (A) - 1 and 2
Answer (B) - 3
Answer (C) - 2
Explanation:
There are three sections to this question.
PART A: Rejecting Redundancies
Among the 4 options given in this section, the redundancies are
1. Adequate enough
2. Combined together
Why? Because there is repetition in the phrases! Adequate is the same thing as Enough and Combined means the same thing as Together.
PART B: Purging Empty Words
For the statement given, the option containing the empty words is
3. "that was unfinished"
Why? Because this is the unnecessary phrase that needs to be eliminated from the sentence, not even for conciseness sake but for the sake of proper grammar and better comprehension by the reader.
PART C: Revising a Passage
For the passage given, the type of revision that could be made to make it more concise is
2. Drop unnecessary fillers
Why? Because the second statement in the passage was an unnecessary filler. It contained information that required story telling about the efforts of "Jump High Schools".
Answer:
<em>B. vendor-managed inventory.
</em>
Explanation:
A simplified approach to inventory management and order fulfillment is the Vendor Managed Inventory (VMI).
VMI includes coordination between manufacturers and their customers (e.g. distributors, retailers, OEMs or end users of products) which transforms the conventional purchasing process.
VMI's <em>objective is to harmonize business goals for both suppliers and their customers and streamline supply chain operations.</em>
- Higher Sales.
- Best and Improved Service.
- Improved Inventory Turns
STEM is Science, Tech, Engineering, and Math
Answer:
<u>Journal 1</u>
Debit : Prepaid Expense $37,600
Credit : Cash $18,800
Credit : Insurance Expense $18,800
<u>Journal 2</u>
Debit : Dividends $18,000
Credit : Wages $18,000
Explanation:
Journal 1
The first error has to be corrected by debiting the Prepaid Expenses by twice the amount paid to cancel the effect of a credit entry made to that account. Cash is credited to show the correct credit entry that was supposed to be made. Insurance expense is credited to cancel the debit entry made to this account in error.
Journal 2
The error made is called error of principle. This is were the transaction is recorded in the wrong class of accounts. Simply, Debit the Dividends and credit the Wages Account to record and reverse the error out of the Wages Account into the Dividends Account.
