A Quality Audit is a structured review of specific quality management activities that help identify lessons learned that could improve performance on current or future projects.
<h3>What is an Audit?</h3>
An audit is the physical and thorough inspection of an organization's account or activities carried out by an independent body.
In a Quality management system, a Quality audit must be carried out. The quality audit is a structured review regarding the quality management activities that helps in improving performance of the organization.
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Answer:
750
Explanation:
The number of units in finishing department at the end of the month shall be calculated as follows:
Number of units transferred=Starting wip inventory+units received from molding department-number of units at the end of month.
Number of units at the end of month=Starting wip inventory-number of units transferred+units received from molding department
Number of units at the end of month=700-2,150+2,200
=750
Answer:
e. market-share analysis.
Explanation:
e. market-share analysis because it is not only dependent on sales. Other factors are other industries markets total sales . It is not directly associated with analyzing sales organization effectiveness. Sales organization is responsible for selling and obtaining maximum profits. Optimum profits through least investments is their primary objective. Market share analysis is dependent on a particular period and the sales during that period ,target company's sales and total market sales.
The transaction of the issuance of notes payable for borrowing will be classified in cash flows statement as a Financing activities.
Under the statement of Cash-flow, the financing activities section records all transactions that involves long-term liabilities, owner's equity etc.
- Hence, the transaction of the issuance of notes payable for borrowing will be classified in cash flows statement as a Financing activities.
Therefore, the Option C is correct.
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