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egoroff_w [7]
3 years ago
15

__________ is a sourcing strategy in which a company uses a single supplier for one particular part or service and another suppl

ier with the same capabilities for a different part or service, with the understanding that each supplier can act as a backup for the other supplier.
Business
1 answer:
Snowcat [4.5K]3 years ago
4 0
I believe your answer is:

Cross Sourcing

Hope it helped!
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A banking system with a reserve ratio of 20% and a change in reserves of $1 million can increase its total demand deposits by:A.
blondinia [14]

Answer: option B is correct

Explanation: In simple words demand deposit is similar to those funds held in a checking account. Demand deposits serves as the base of the money supply of the country.

Demand deposit can be computed using following formula :-

=\:\frac{demand\:deposit}{required\:reserve\:ratio}

=\:\frac{1,000,000}{20\%}=\:\$5,000,000

3 0
3 years ago
What is the average production cycle?
Tcecarenko [31]

Answer: Total amount of goods produced/Time of Production = Cycle time.

Explanation: production cycle is generally understood as the period of time during which a company produces a finished product from its stocks, then the reduction of this period of time, especially in comparison with competitors, is an important indicator to determine economic efficiency.

7 0
2 years ago
Which of the following accounting strategies (for financial reporting purposes) is the least likely for a firm that is currently
jeyben [28]

Using straight-line depreciation.

Changing to FIFO

Using the weighted average method for capitalizing interest during times of reduced interest rates, rather than the specific method.

Changing to the successful efforts method of accounting for natural resource exploration costs.

Changing to the successful efforts method of accounting for natural resource exploration costs.

<u>Explanation:</u>

The particular technique initially underwrites the enthusiasm on explicit obligation. With financing costs on the decay, enthusiasm on lower rate obligation is promoted and more is expensed, comparative with the weighted normal technique, which underwrites at the normal rate over all obligation.

The weighted normal strategy would underwrite more enthusiasm on more established (higher loan cost) obligation, in this way diminishing the present measure of premium cost and expanding income. Expanding profit lessens the danger of rebelliousness for this firm.

4 0
3 years ago
Oriole Family Instruments makes cellos. During the past year, the company made 6,630 cellos even though the budget planned for o
Setler [38]

Answer:

Direct Labor rate Variance  $ 24840 Unfavorable

Labor Efficiency  Variance  $23520 favorable

Explanation:

Direct Labor rate Variance = Actual Hours * Actual Rate- Actual Hour * Standard Rate

Direct Labor rate Variance = 24840*15- 24840*14

                                                = 372600- 347760    

                                            = $ 24840 Unfavorable

Labor Efficiency  Variance =  Actual Hours * Standard Rate- Standard Hour * Standard Rate

Labor Efficiency  Variance =  24840*14- 4*6630*14

                                           =  24840*14- 26520*14

                                         = 347760 - 371280= $23520 favorable

7 0
2 years ago
_____1. The price paid for the use of someone else’s property.
jonny [76]
The correct term to fill in the blank would be rent. The price paid for the use of someone else's property is called rent. It is a periodic and fixed amount of money paid by one that uses the possession of one.
7 0
3 years ago
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