1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ArbitrLikvidat [17]
4 years ago
15

Which of the following statements about materials is false?

Business
1 answer:
weqwewe [10]4 years ago
5 0

Answer:

The correct answer is B

Explanation:

Purchase is the term which is defined as the bought or purchase of raw material that is necessary or required for the business in order to create or manufacture goods or services. So, that the product could be presented into the market for sale and the business could make profit from the sale of product.

So, the statement is false as the acquisition of material is charged to the purchase account.

You might be interested in
Which of the following statements is TRUE?
vaieri [72.5K]
I think that A is the answer
8 0
3 years ago
Read 2 more answers
One of Sanjay's work responsibilities is to check inspection stations periodically to monitor the quality of the products throug
Nikitich [7]

Answer:

This is an example of quality control

Explanation:

A production process usually involves the action of a variety of things that all perform specific functions towards a common goal, usually the production of a finished good or service. This therefor means that a type of management is needed to ensure that all these aspects are handled in such away that the set organizational needs are met. This can be broadly defined as management control. Management control involves the control and operation aspects of a production process to ensure that the organizational goals are met.

One aspect of management control that is very important in the production environment is quality control. Quality control involves the inspection of the production process and the products to determine the quality. The quality of the process and the products is usually measured against set organizational and production standards. This therefor means that if the process or the production quality falls below the standard, then the quality of the product can be said to be low while if the quality meet or surpass the standards then the quality is high.

Quality control helps companies identify areas that need to be improved, thus raising overall product value.

3 0
3 years ago
The Academic Computing Center has five trainers available in its computer labs to provide training sessions to students. Assume
tia_tia [17]

Answer:

Total actual utilisation = 1,710 unit

Explanation:

Given:

Design capacity = 1,900 units

Effective capacity = 90%

Actual output = 1,500 units

Total utilisation = ?

Computation of Actual unit utilise:

Total actual utilisation = Design capacity x Effective capacity

Total actual utilisation = 1,900 x 90%

Total actual utilisation = 1,900 x 0.9

Total actual utilisation = 1,710 unit

8 0
3 years ago
_____ is defined as a strategy in which a firm engages in several different businesses that may or may not be related in order t
Vlad1618 [11]

Answer:

Diversification

Explanation:

The key words here are 'several businesses'. A company engage in many businesses in order to mitigate or reduce its business risk, and also to create and add more value to customers. This offers a far advantage position than a stand alone entities who deal with only one product or service.

6 0
3 years ago
Crane Company purchased a new machine on October 1, 2017, at a cost of $89,920. The company estimated that the machine has a sal
Nadya [2.5K]

Answer:

2017 depreciation expense= 10,060*3/12=$2,515

2018 depreciation expense=$10,060

Explanation:

The depreciation expense of machine for the whole year shall be calculated as follows:

Depreciation expense=[(89,920-9,440)/8]=$10,060

Since the machine is only used for 3 months in the year ended December 31, 2017, therefore the depreciation expense in 2017 will be calculated as follows

2017 depreciation expense= 10,060*3/12=$2,515

2018 depreciation expense=$10,060

5 0
3 years ago
Other questions:
  • If Firm A acquires Firm Z when firm Z has a book value of assets of $150 million and a book value of liabilities of $30 million.
    12·1 answer
  • The Wire House purchases its inventory one quarter prior to the quarter of sale. The purchase price is 65 percent of the sales p
    15·1 answer
  • Use of the gdp deflator allows economists to estimate the real rate of growth of the economy.
    11·2 answers
  • Junkyard Arts, Inc., had earnings of $593,900 for the year.
    7·1 answer
  • While price is often the activation point that gives people the reason to subscribe and come back to groupon, consumers are real
    15·1 answer
  • Robin is working with a little autistic boy, trying to increase the amount of eye contact he can provide. She says, "Look at me.
    13·1 answer
  • Owner Fay Woo is considering franchising her Oriental Joy restaurant concept. She believes people will pay $ 6.50 for a large bo
    8·1 answer
  • Which type o budget describes the financial plan for ongoing business activities over
    7·1 answer
  • The board members of Company A, Inc. are considering purchasing a warehouse for the storage of inventory for the company. During
    9·1 answer
  • An organization's ________ is the group of potential customers toward whom it directs its marketing efforts.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!