Drastically reducing inventories to help manufacturers increase the utilization of more floor space is an example of <u>B. a just-in-time (JIT) inventory system</u>.
<h3>What is a Just-inTime inventory system?</h3>
A Just-in-Time inventory system is inventory management that ensures that raw materials for production arrive as needed.
With a Just-in-Time system, inventory arrives as production is scheduled to begin.
The purpose of a Just-in-Time system is to reduce inventory on hand to the minimum just to meet demand.
A. a merchandising inventory system.
B. a just-in-time (JIT) inventory system.
C. a finished goods inventory system.
D. determining inventory quantities.
Thus, reducing inventories to help manufacturers increase the utilization of more floor space is an example of <u>B. a just-in-time (JIT) inventory system</u>.
Learn more about the Just-in-Time inventory system at brainly.com/question/8842151
When Katie decides to take $25,000 in December (the normal payable date) and to defer the residual for 15 years when she plans to retire. "She does not violate the economic benefit rule with the decision."
<h3>What is Economic Benefit Rule?</h3>
It is a principle of taxation that affects taxpayers with cash basis who are paid for their services.
According to its provisions, a taxpayer is subject to taxation if they derive a "economic benefit" from an unqualified right to acquire property in the future.
Some examples of economic benefit rule are-
- net income and revenues,
- profit and net cash flow,
- a decrease in anything, such a cost,
- cheaper labour or raw material costs.
Thus, the benefit a person receives from paying less for a good than the utmost price they are willing to pay for it is known as the net economic benefit.
To know more about the principle of taxation, here
brainly.com/question/988284
#SPJ4
Answer:
A & B
Explanation:
Your income is a asset to value the estimations of your loan application. The loan length, the repayments and negotiate a fixed or flexible interest rate among the loan, depending on the type.