Answer:
B. production
Explanation:
Merchandise inventory refers to the finished and available goods the business has for sale. For a manufacturing firm, merchandise inventory will mean the goods that have completed the manufacturing process and are awaiting sales. In the books of accounts, merchandise inventory is accounted for as current assets.
The production department is the unit tasked with ensuring that the business has a continuous flow of merchandise inventory. As selling activities are continuous, the production unit must keep up the pace by ensuring there is sufficient inventory for the sales team to sell.
Answer:
H&M now has over 100 million members.
Explanation:
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As the money supply consists of both currency & balances in different accounts, it is used by top financial institution to make economic decisions.
<h3>What is a money supply?</h3>
This refers to the total amount of money such as cash, coins, balances in bank accounts that are in circulation in a year.
<h3>M1</h3>
The M1 means the most liquid money that comprised of the currency, traveler’s check, and checking account deposits.
- M1 = Currency + traveler check + checking account deposits.
<h3>M2</h3>
The M2 is broader measure of Ms although it is has a less liquid measure compared to M1 and consists of currency, traveler’s checks, checking deposits, savings accounts, money market mutual funds etc
- M2 = M1 + savings accounts deposits + money market mutual funds.
<h3>M3</h3>
The M3 is broader measure of Ms as it includes M2 money as well as large time deposits, institutional money market funds, short-term repurchase agreements, larger liquid funds etc.
- M3 = M1 + Time deposits with commercial banks (Fixed deposits, Recurring deposits).
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The answer is C.<span>Process Costing
Processing cost happens when company produce a large quantity of product that are nearlly identical visually.
This system based on leveraging the fixed-cost that will remain the same no matter what and how much the resource is used to produce the produc tuntil it's sold to the customers</span>
Pumps, Inc., agrees to assume a debt of Quality Parts Company to Reliable Finance LP. The agreement is not in writing. To be enforceable, the promise must be for the benefit of Pumps.
What is debt?
A sum of money due to another by another person, business, etc. Borrowing money to pay for a good, service, or financial asset results in debt (e.g. INSTALMENT CREDIT). Debt contracts include interest charges for the period of the loan and call for the eventual repayment of the amount borrowed.
What happens if a contract is not in writing?
The agreement might not be upheld in court if it does not adhere to the rules for contract writing. The court will frequently rule that a contract does not exist. This implies that no conflicts can be settled in court. If there is a dispute, the parties might be unable to resolve it through the legal system.
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