Process Costing system involved several processes or departments under which the next department receives partially completed product from the previous department. The first department receives the raw material and it does not receive any output from other department.
Hence except the first department, each department receives output from the prior department as a partially processed product.
Hence the answer is <u>True.</u>
Answer:
Option B. 100, 20
Explanation:
The full list should not be more than 100 because we would not like to have any opportunity/threat having less than 1% contribution so The sum of percentages should be 100.
At least 20 opportunities and threats should be there in the narrow list.
Answer:
Financing decision
Explanation:
Financing decision is concerned with borrowing and allocating funds for investments.
As such, the decision to borrowed 745,000 dollars and use the fund to build a new restaurant for 745,000 dollars is a financing decision.
Capital Budgeting decision-making process involves plans around any long term capital expenditures whose returns (cash inflows and outflow) are expected to be earned in more than a year.
Answer:
Two activities scheduled to be carried out in parallel and using the same scarce resource are independent.
Explanation:
An Israeli physicist named, Eliyahu M. Goldratt developed the Critical Chain Project Management (CCPM) and introduced it in his book "Critical Chain" in 1997.
The CCPM is a project management methodology used by managers to better manage a project. The CCPM ensures that the project plan is feasible and immune from any uncertainty or statistical fluctuations.
In the CCPM activity network, there are no milestones and all non-critical activities are performed as late as possible.
CCPM adopts the use of drum buffers, so as to ensure extra safety is applied to a project immediately before using constrained resource.
According to Goldratt, two activities scheduled to be carried out in parallel and using the same scarce resource are independent.
Answer:
C; captive
Explanation:
The correct answer here is the captive product pricing. This system enables companies to sell other product known as the captive product alongside the main product which is called the core product.
By selling the printer at a reduced price, the company can make a gain on this by ensuring that the auxiliary product which is the catridge is something that needs to be bought repeatedly.
Thus, the company has enhanced the sales of the ink catridge by ensuring that it’s an important part needed for the main product which is the printer to function.
So in this question, we can see that the catridge is the peripheral or auxiliary product otherwise called the captive product while the core product is the printer which is sold basically at a cheaper price
