Answer:
JIT production and JIT purchasing
Explanation:
JIT production and JIT purchasing under this process entity does not have extra material in stores and extra inventory produced.
as per the just in time
there is no benefit of holding inventory at stores
producing extra units does not add value they are useless until they are sold.
According to just in time inventory should be purchased when order has been placed and production process should start in order to meet the customers orders.
there are some conditions for this process
there should be very system to meet the order on time
there should be relaible production system units produced should not be poor quality goods
there should reliable suppliers to supply the material on time to meet the customers orders and avoid the stock out costs.
Answer:
D, neither excludable nor rival in consumption, a tornado siren is a public good.
Explanation:
A tornado siren is a siren that is used to give emergency warnings to a large population of an impending danger or danger that has passed.
A tornado siren otherwise known as the civil defense siren is of public good and as such is not a rival neither can it be excluded from consumption.
Cheers
Answer:
B. depository institution.
Explanation:
Depository financial institutions provide customers with a wide range of financial services. They accept customer's deposits, issue loans, process checks, facilitate local and international payment, among others.
Depository financial services comprise commercial banks that are profits oriented and not-for-profit institutions such as credit unions and thrift institutions. Commercial banks charge a higher interest rate on loan issued than credit unions. However, banks can issue bigger loans than credit unions.
Answer:
<u>Black Diamond Express</u>
<u>Trial Balance as at January 31, 2018.</u>
Debit Credit
Accounts Payable $1,100
Rent Expense $500
Accounts Receivable $1,700
Service Revenue $3,000
Cash $1,400
Supplies $200
Common stock $2,000
Salaries and Wages Expense $1,300
Dividends $1,000
Totals $6,100 $6,100
Explanation:
A trial balance is a list of balances (debits and credits) that is prepared from the ledger accounts from which Financial Statements are prepared.
The Trial Balance can be used a check to the correctness of the double entry system.
Answer:
D
Explanation:
Because the higher the quality of materials the more efficient the product will be
