It is the Continuous Flow Production Process. It is a stream creation strategy used to fabricate, deliver, or process materials without intrusion. Consistent generation is known as a persistent procedure or a nonstop stream process in light of the fact that the materials, either dry mass or liquids that are being prepared are constantly in movement, experiencing synthetic responses or subject to mechanical or warm treatment. Persistent handling is diverged from group generation.
I inferred you are to the 2017 TEDx talk "Short-termism is killing us: it's time for Long path" by Ari Wallach.
<u>Explanation:</u>
According to Wallach, he refers to short-termism as focusing on short-term results at the expense of long-term interests.
In his words, short-termism is a problem because;
- "it prevents the CEO from buying really expensive safety equipment"
- "prevents teachers from spending quality one-on-one time with their students".
So in summary what Wallach is saying is that short-termism prevents futuristic thinking.
Answer:
Estimating un-collectible accounts expense improves the matching of revenues and expenses.
Explanation:
When uncollectibles are recorded through allowance method then, bad debts expense is provided, which reduces net income. But at the time of writing off only the allowance and accounts receivables account is affected and not the net income.
When direct method is used then also the net income gets reduced, as bad debt expense and accounts receivables is affected.
And as provided in first para, when estimating and creating the allowance for bad debts, it affects net income, and it also represents the true and fair view of expenses and income.
Thus, statement c is correct.
Answer:
$45,000
Explanation:
Computation for the projected benefit obligation
December 31 PBO($278,000)
December 31 Plan assets 233,000
Funded status($45,000)
Therefore the projected benefit obligation was underfunded at the end of 2021 by: $45,000
