A town might decide to issue bonds to B) to build new roads or bridges. A town will achieve a specified amount of money by issuing the bond and there must be an obvious source for returning the bond value until its maturity date. Therefore, building projects or other projects related to the town's infrastructure would be the most appropriate reason for a town to issue bonds.
The type of questions an operations manager responsible for operational-level planning addresses are related to the amount of inventory units for a given product that he must order.
<h3 /><h3>Operational planning</h3>
It is at this level where the methods and processes responsible for the correct functioning of the company are defined, fulfilling all the tasks foreseen. It comprises the short term, about up to 1 year in duration.
Therefore, an operations manager who develops operational planning must be aware of organizational needs in relation to its operations, valuing quality, reliability, speed and better costs.
The correct answer is:
- How many units of stock for product X should I order?
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Answer:
Journal Entry to record the purchase of the carts on June 1:
June 1:
Debit Maintenance Equipment $1,500
Credit Accounts Payable $1,500
To record the purchase of 2 maintenance carts on account.
Explanation:
a) Data and Analysis:
June 1 Maintenance Equipment $1,500 Accounts Payable $1,500
June 8 Cash $500 Unearned Service Revenue $500
June 15 Utility Expense $300 Utility Payable $300
June 20 Accounts Receivable $1,500 Service Revenue $1,500
June 30 Cash $500 Accounts Receivable $500
