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jeyben [28]
3 years ago
5

High levels of inventory hide problems within a production system. Some of the problems that high inventory hide are quality pro

blems, process downtime, scrap, and late deliveries. Group of answer choices
Business
1 answer:
Nastasia [14]3 years ago
3 0

Answer: True

Explanation:

It should be noted that having an excess inventory can result into degradation and poor quality goods. This is because there are usually low inventory turnovers when there are high levels of inventory.

Therefore, the option that some of the problems that high inventory hide are quality problems, process downtime, scrap, and late deliveries is true.

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You should FOLLOW UP on items that: ______________, _________________, ________________.
solniwko [45]
Are not worth spending on, are edible, and can be smashed in someones face.
5 0
2 years ago
What are the three legal forms of business organization? What are their advantages and disadvantages?
algol13

Answer:

There are three legal forms of business organization that are sole proprietorship, society and corporation.

Explanation:

<u>Sole proprietorship:</u> A company that has only one person and works for its own benefit. In almost all the world there are a large number of sole proprietorships which are usually small companies, the most common being for example a personal teacher, a bicycle workshop, etc.

Advantage:

- The owner receives all profits and profits.

- Independence

Disadvantages:

- There is unlimited liability so that all income can be used to pay debts.

- The owner performs several activities.

<u>Company</u>: company that has two or more people. In general, partnership companies are larger than sole proprietorships. The most common companies in society are finance and insurance.

Advantage:

- Raises more funds than sole proprietorship.

- Greater intelligence and administrative ability.

Disadvantages:

- The company dissolves when a partner dies.

- Difficulty to liquidate or transfer the company.

<u>Corporation</u>: The property (shares) of a corporation are its shareholders. Shareholders have profits by receiving dividends that are distributions of the earnings of the shares.

Advantage:

- They have a limited liability, they don't lose more money than they invested.

- The company has a long life.

Disadvantages:

- Higher organizational costs than in other business forms since they need to hire staff.

- Subject to greater government regulation.

4 0
3 years ago
Using the following information: 12/31/17 Accounts receivable $526000 Allowance (35700 ) Cash realizable value $490300 During 20
yawa3891 [41]

Answer:

The change in the cash realizable value from the balance 12/31/17 to 12/31/18 was $37,840 increase.

Explanation:

Cash realizable value of accounts receivable is simply the amount that is deemed recoverable after factoring the portion that is uncollectible.

The effects of the transactions during the year are as follows:

Sales on account:

Debit Accounts receivable                            $145,400

Credit Sales revenue                                     $145,400

<em>(To recognize the sales on account)</em>

Collections on account:

Debit Cash                                                      $100,000

Credit Accounts receivable                           $100,000

<em>(To recognize collections on account)</em>

Write-off:

Debit Allowance for doubtful accounts            $3,960

Credit Accounts receivable                               $3,960

<em>(To recognize write-off of outstanding accounts receivable)</em>

Therefore, the effects of the foregoing journals on Accounts receivable are: $526,000 + $145,400 - $100,000 - $3,960 = $567,440.

As at 12/31/18, cash realizable value would be $567,440 - $39,300 = $528,140. The change in the cash realizable value from the balance at 12/31/17 to 12/31/18 was therefore $528,140 - $490,300 = $37,840 (increase).

7 0
3 years ago
A multinational company that acts with _____ has offices, manufacturing plants, and distribution facilities in different countri
Scorpion4ik [409]
A multinational company that acts with DEFINE GLOBAL CONSISTENCY has offices ..................... Define global consistency is a strategies used by companies that have branches in other countries of the world to maintain same corporate governance in all these branches. Things are done in all these companies in the same way for similar situations. Define global consistency make thing easier for managers at the branches when it comes to decision making. 
4 0
3 years ago
Determine whether an observational or experimental study is appropriate to address the following statement.
VARVARA [1.3K]

Answer:

Observational study

Explanation:

The appropriate study for a gas station owner who wants to find out whether customers are satisfied with the service they receive or not is "Observational Study."

Given that the Observational study is a type of research study or scientific investigation in which the researcher observes the effect of an action or activities such as risk factors, or outcomes without a direct impact on the intervention from the researcher.

In this case, the satisfaction of customers concerning the services they receive can only be observed by the researcher without influencing the services or how the customers perceived their level of satisfaction.

4 0
2 years ago
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