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Furkat [3]
3 years ago
6

Among the advantages of cycle counting is that it: allows more rapid identification of errors and consequent remedial action tha

n is possible with annual physical inventory. makes the annual physical inventory more acceptable to management. does not need to be performed for less expensive items. does not require the detailed records necessary when annual physical inventory is used. does not require highly trained people.
Business
1 answer:
djyliett [7]3 years ago
5 0

Answer:

Allows more rapid identification of errors and consequent remedial action than is possible with annual physical inventory

Explanation:

Cycle counting is a prominent stock tallying arrangement that enables organisations to include various things in various zones inside the distribution centre without calculating the whole stock. Cycle checking is an inspecting method where the count of a specific number of things derives the mean the entire distribution centres. It also helps in the identification of errors.

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At Afterbadge, a chain of stores that sells computer accessories, all the marketing activities are planned at the company headqu
Anna11 [10]

Answer:

The correct answer is letter "B": Centralization of authority.

Explanation:

Centralization of authority takes place in companies where high-rank executives take most or all the decisions regarding the operations. Employees voice is not heard under this approach. Managers tend to implement this strategy when they pretend to minimize the percentage of mistakes incurred in the firm. The organization of the company tends to be bureaucratic.

8 0
3 years ago
When tests are used as part of the selection process, care must be taken to ensure that the test being used is both valid and re
elena-14-01-66 [18.8K]

Option C. When tests are used as part of the selection process, care must be taken to ensure that the test being used is both valid and reliable. A test is reliable if it consistently creates or measures accurate results time after time.

<h3>What is meant by reliability?</h3>

This is the term that is used to refer to the fact that the test is consistent and if it is replicated over and over again it is still going to keep producing the same results as it first did.

Reliability is one of the attributes or characteristics of a good test or research. Hence we can conclude that  When tests are used as part of the selection process, care must be taken to ensure that the test being used is both valid and reliable. A test is reliable if it consistently creates or measures accurate results time after time.

Reda more on reliability here: brainly.com/question/1265793

#SPJ1

3 0
2 years ago
Clauses in labor agreements that provide for quarterly cost-of-living adjustments in wages based on changes in the consumer pric
IrinaVladis [17]

Answer:

c. escalator clauses

Explanation:

Based on the information provided within the question it can be said that the term being described is called an escalator clause. Like mentioned in the question this term refers to a clause within a contract that allows for an increase in in the price or wage stated in the contract but only under the specific conditions stated.

8 0
3 years ago
Consider four types of markets: monopoly, perfect competition, oligopoly, and monopolistic competition. If they were ranked from
artcher [175]

Answer:

Monopoly

Oligopoly

monopolistic competition

Perfect competition

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.    

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

examples of monopolistic competition are restaurants  

A monopoly is when there is only one firm operating in an industry. there is usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.

An example of a monopoly is an utility company

An oligopoly is when there are few large firms operating in an industry. there is high barriers to entry and exit of firms

5 0
3 years ago
Thomlin Company forecasts that total overhead for the current year will be $15,500,000 with 250,000 total machine hours. Year to
ki77a [65]

Answer:

The predetermined overhead rate based on machine hours is $62

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

We will distribute the expected overhead cost over the costdriver. In this case, machine hours.

15,500,000/250,000 = 62

each machine hour carries 62 dollars of overhead.

The actual machine hours are used to determinate the applied overhead. While the actual cost it is compared with the applied to look for underapplication or overapplication.

6 0
3 years ago
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