Finished goods is often an example of independent inventory.
What do you mean through independent inventory?
An inventory of an object is said to be falling into the category of independent inventory whilst the demand for such an object isn't always based upon the demand for some other object. completed items objects, that are ordered by using external customers or synthetic for stock and sale, are called independent inventory for objects.
What is the difference among independent inventory and structured inventory?
Information this distinction is crucial as the complete inventory policy for an object is based totally on this. Independent inventory is demand for a completed product, such as a pc, a bicycle, or a pizza. established demand, alternatively, is demand for thing components or subassemblies.
What's independent inventory method?
The independent inventory takes place by using the request of clients for merchandise, kit merchandise, provider elements. This call for additionally in my view and independently takes place for each object, and has no dating with different gadgets. consequently it's miles used as it's far to setup the manufacturing plan.
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Answer:
Dr Merchandise inventory 50,000
Dr Machinery 155,000
Dr Notes receivable 100,000
Cr Common stock 62,000
Cr Additional paid in capital in excess of par value 243,000
Explanation:
All outstanding stocks must be recorded at par value: 3,100 shares x $20 = $62,000. Any mount paid for the stocks in excess of par value must be recorded in the additional paid in capital in excess of par value account : $305,000 - $62,000 = $243,000
The risk a company takes every time a company hires a new employee and trains them to take on the new role is known as financial risk.
<h3>What is a risk?</h3>
Risk can be defined as a possibility or a situation which is uncertain and involves exposure to danger. A risk from an investment perspective is the possibility of incurring losses due to market uncertainties.
When a company hire new employee, the company would expend some cost towards training of the newly recruited employee; which is termed financial risk.
Hence, the risk a company takes every time a company hires a new employee and trains them to take on the new role is known as financial risk.
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Answer: fundamental attribution error
Explanation:
Fundamental attributional errors as a result of judging someone actions based on their past behavior or the person's disposition rather than on the situation that they are in.
An example of fundamental attribution error is in marriages, where a wife assumes her husband is angry with her as he usually is, rather than considering if he had a bad day at work.
