Answer:
b. just-in-time inventory management
Explanation:
Just in Time (JIT) inventory relates to an inventory control program with the goal of making inventory conveniently able to meet demand, just not to the extent of overload where you have to store extra items. JIT inventory has been used to better cut costs, open up storage space, and reduce error levels.
The answer is true. The mean salary for a set of workers is their average wage. Government and other organizations frequently track and use this metric as a benchmark for the pay scales of particular employees in a given sector, region, or nation.
Given the propensity of low pay in an economy for low pay, the validity of this measure in measuring wage levels is in question. This is because the earnings of a small fraction of high earners have a tendency to "skew" the average upward. The Office for National Statistics and the Scottish Low Pay Unit both utilize this measure in the UK for analyzing wage levels.
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Answer:
I'm figuring this out for you!
Explanation:
Answer:
The correct answer is letter "C": a result of more efficient resource allocation than would be observed in the absence of trade.
Explanation:
Trade has allowed societies to exchange their products according to their needs. Thanks to trade those goods are distributed accordingly more <em>efficiently </em>since, in isolation, countries would be specialists of certain types of products only which is unlikely to be enough to cover all the individuals' needs in those societies.
The transaction for the bill for newspaper advertising services will be recorded today as a debit to Advertising Expenses and a credit to Accounts Payable (Advertising Payable).
<h3>How is an accrued expense recorded?</h3>
An accrued expense refers to an incurred outgoing that the service has been enjoyed previously and payment is due later.
According to the matching principle and accrual concept of generally accepted accounting principles, all expenses incurred within a financial period must be recognized in that period whether cash has been exchanged or not.
Thus, the transaction for the bill for newspaper advertising services will be recorded today as a debit to Advertising Expenses and a credit to Accounts Payable (Advertising Payable).
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