Answer:
A mix hedge reduces levels of expensive FG inventory while slightly increasing component inventories.
A mix hedge is a planning technique which supports increased production flexibility
Explanation:
Hedging inventory implies a level of inventory that is kept to shield against unexpected event such as breakdown of machines,strikes,surge in demand for product or non-availability of raw materials due to disruption in supplier's business.
However, mix hedge is required to ensure the right of mix of inventories at every point in time so as to avoid investing more than required resources in inventory by keeping low volume of expensive items of inventory and at the same time increasing the number of inventories kept overall,such that risk associated with inventory can be shared by a number of items of inventory instead of a single line of inventory.
Economic profits. An entrepreneur is more interested in economic profits
Auditors may be inclined to accept client representations because of a natural bias to want <span>to trust the client.
Before doing the auditing process, auditor usually receive a small briefing from the management team on the financial system that they use in recording their transactions. </span>If these allowances had been used in the past the auditor<span> may have been inclined to accept them as regular business practices</span>
Answer:
d. $140,000
Explanation:
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
The answer is B.
A chart is not the same as a Venn Diagram.