Answer: The process is not adversarial
Explanation:
Mediation' refers to the voluntary process that is used for resolving disputes whereby there's a neutral third party whom helps in facilitating dialogue between the conflicting parties and then helps them in identifying the issue and tech a settlement.
Based on the question, since both parties have a long-standing business relationship that they would like to continue, then they may prefer to settle their dispute through mediation because the process is not adversarial. An adversarial system typically involves going to the court.
Answer:
Explanation:
Date Account title and Explanation Debit Credit
1st july-14 Notes receivable $1,393,591
Discount on notes receivable ($1,393,591 - S600,100 - $317,900) $475,591
Land $600,100
Gain on disposal of land ` ($918,000 - $600,100) $317,900 ` (To record sale of land)
1-Jul-14
Notes receivable $404,300
Service revenue $404,300
` (to record service revenue)
Answer:
False ( "Large lot sizes" is not considered essential for JIT )
Explanation:
Just in time is an arrangement and alignment of raw material supply with the production process of the business. It minimizes the holding cost, lead time required for delivery of raw material, the setup times and sizes of orders.
The Large lot sizes is not a characteristics of JIT because it may requires the storage facility to place the large orders until used in production which might increase the holding cost.
So, Large Lot Sizes are not considered essential for a comprehensive JIT implementation.
Answer:
The correct answer is debit accounts receivable, credit cash.
Explanation:
Note debit is a receipt that a company sends to its client, in which it is notified that it has charged or debited a certain sum or value in its account, for the concept indicated in the same note. This document increases the value of the debt or account balance, whether due to an error in billing, interest for late payment, or any other circumstance that means an increase in the balance of an account.
The correct answer is all of the above. Multinational corporations grapple with a diversity of challenges when choosing training programs for their employees. These include choosing a program that is sensitive to the local culture and how to reconcile it with the global nature of the corporation. This also introduces the challenge of who should conduct the training.
