The question that can be answered using only raw data is C. What is the <u>date, amount sold</u>, and <u>customer number</u> for a sale transaction?
<h3>What is raw data?</h3>
Raw data refers to data that has <u>not been processed</u> for use.
For example, unlike the perishable items to be ordered first or the lowest sales per week data, the data on the date, amount sold, and customer number for a sale transaction remain unprocessed and therefore raw.
Thus, the question that can be answered using only raw data is C. What is the <u>date, amount sold</u>, and <u>customer number</u> for a sale transaction?
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Answer:
Explanation:
Balance sheet for Barton Chocolates as at December 31,2018
Current liabilities 230,000
Non current liabilities 800,000
<u>Workings.</u>
Loan - $1,000,000
Loan date = July 1
Reporting date = December 31
Timeline = 6 months / 1/2 years
Yearly installment = $200,000
Interest payable = 6/100*1000000*1/2 = 30,000
Current liabilities are liabilities that are due for settlement within a year
Therefore the current liability portion = $200000+30000= $230,000
The non current liability is the balance of the principal loan amount = 1000000=200000= 800000
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Answer:
(B) Just-in-time inventory system
Explanation:
*Just-in-time inventory system" is a system used to cut costs such as holding or storage costs and it improves efficiency and reduces wastage as some products may be damaged during storage.
This system involves quick delivery of the required quantity of goods to stores right when they are needed and just before they go out of stock. It helps to eliminate the cost of storage that would result if goods are purchased in large quantities.
