Answer:
Period-end Inventory = 1,710 units
Explanation:
Units in Ending Inventory
Units of Product on hand 1,300 units
Add:
Units in-transit 350 units
Units in-consignment 80 units
Less:
Damaged <u> (20) units</u>
Total units in period-end inventory= 1,710 units
Since the products are in transit and some products are out of consignment to the homestead crafts, therefore, both the products belong to them. Damage products need to removed to reduce the inventory balance.
Answer:
(b) A disclaimer of opinion
Explanation:
A disclaimer of opinion -
It is the statement which is given by the auditor that no opinion is given for the client's financial statement .
There could be several reasons for this statement .
As , the auditor might have not been permitted or to complete all the planned audit process .
Hence , from the given information of the question , the correct term for the given situation is (b) A disclaimer of opinion .
The quality management concept which must be well-defined at the beginning of the project to help avoid rework and schedule delays is requirements.
<h3>Requirements management</h3>
- Requirements management and quality management go hand in hand. Clear, well-defined requirements lead to less rework and schedule delays.
In conclusion, we can conclude that the correct answer is requirements management.
learn more about Requirements management from here: brainly.com/question/4008023
Answer:
Geographical area
Explanation:
Product differentiation which is based upon different functionality is referred to as Horizontal differentiation.
Product differentiation refers to a mechanism whereby a manufacturer makes his product unique and slightly different from similar products offered in the market by competitors. Such an attribute helps a customer in product identification.
Product differentiation can be achieved by different packaging, changing product appearance, product quality or added functionality.
Horizontal differentiation takes place when products which belong at the same level differ slightly based upon different functions or uses they offer.
While a firm uses horizontal differentiation for it's products, it divides itself into subunits based upon functions , type of business and geographical area. It means each subunit focuses on it's own functions i.e the kind of differentiated products the sub unit shall produce, serving the requirements of a specific geographical area.
<span>this phenomenon is an example of a Social factor
in marketing term, social factor is everything that could change people's lifestyle.
As people move toward luxurious lifestyle, they tend to care less about the high price for the product, and care more about the quality, authenticity, and the rarity of the product, so the marketing strategy need to be altered to target these characteristics</span>
