Ok this question is poping up a lot and I need to know if there are any options to choose from.
Answer:
The statement is True.
Explanation:
The operations management of any organization is responsible to create value for the organization by transforming raw material into finished goods and convert input into output. The operation management deals with set of activities and follows all the guidelines and operating procedures in order to create value for the organization and achieve ultimate goals of the company.
Answer: the correct option is A. Expenditure.
Explanation: From the scenario given above, we can see that this is a government expenditure.
Government expenditure include all the purchases of goods and services that are categorized as; public consumption and public investment, and transfer payments consisting of income transfers (pensions, social benefits) and capital transfer.
One thing to note is that governmental fund types make use of the modified accrual basis of accounting which focuses on the flow of financial resources.
Therefore, the use of financial resources by the government will be considered as an expenditure and not an expense.
Answer:
The correct answer is <em>households.</em>
Explanation:
The final consumption expenditure of households (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines and personal computers), purchased by households. Home purchases are excluded, but includes the imputed income of the homes occupied by their owners. It also includes the amounts and fees paid to governments to obtain permits and licenses. In this case, household consumption expenditure includes the expenses of nonprofit institutions that provide services to households, even when the country reports them separately. This item also includes any statistical discrepancy in the use of resources in relation to the supply of resources.
Answer: More than
Explanation:
Inventory turnover will be calculated as:
= Cost of goods sold / Average Inventory
Average Inventory will be:
= (Beginning inventory + Ending inventory) / 2
= ($5000 + $12300)/2
= $17300/2
= $8650
Then, Inventory turnover will be:
= Cost of goods sold / Average Inventory
= $67000/$8650
= 7.74
The correct option is "More than 4"
