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Nitella [24]
3 years ago
11

The ______ inventory system records all inventory-related transactions in the inventory account (e.g. transportation, purchase r

eturns and allowances, purchase returns and allowances, purchase discounts) and reduces inventory at the time of sale. The ______ inventory system uses separate accounts for these items and records cost of goods sold at the end of the accounting period.
Business
1 answer:
alekssr [168]3 years ago
8 0
Bonjour,

perpetual & periodic
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What is the bullwhip effect and how does it relate to lack of coordination in a supply chain?
rewona [7]

Answer:

The bullwhip effect happens when retailers or other members of the supply chain overestimate a sudden increase in demand, and this causes a chain reaction in all the other participants of the supply chain that start requesting higher quantities of goods or materials for production. E.g. the fidget spinner was a very popular fad and its producers probably didn't anticipate how large the demand would be. Once the product became extremely popular, everyone wanted to sell fidget spinners. This caused an increase in the order quantities of all the supply chain. Once the fad faded out, all this momentum stopped and many stores, distributors, wholesalers, and even factories were left with huge unsold stocks of fidget spinners.

When the supply chain is well coordinated, there is little chance for some retailers or distributors to over react and want more product just in case. If your supply is guaranteed, then it would take some extraordinary increase in demand to make you want to increase your purchase orders. But if your supply chain is not well coordinated, you might fear that you will lose a lot of sales and other competitors will make them. Then you get anxious and start ordering large quantities.

6 0
3 years ago
Actual payroll posts simultaneously as a commitment, obligation, expense, and disbursement (COED) by means of a Journal Voucher
Zolol [24]

Answer:

a. True

Explanation:

A Journal Voucher is a Upload Program is mainly used to upload a lot of Journal Vouchers with the multiple line items.

The GFEBS is a ERP system or a enterprise resource planning system which is web based. The actual payrolls posts simultaneously as the commitment, obligation, expense and disbursement code by means of the transaction code FB50.

5 0
3 years ago
Bài tập thực hành kế toán tài chính 1
djverab [1.8K]

Answer:

wut is this

Explanation:

financial acc practice ex 1

8 0
3 years ago
Which of the following is the best example of a positive question?a. How are price and quantity demanded related?b. How should t
fredd [130]

Answer:

a. How are price and quantity demanded related?

b. How should the government deal with the next recession?

Explanation:

A positive question is the kind of question the answer of which is simply yes or no. They ask about how one thing is rather than how something should be.

In above question, there are two questions which fall in the category of positive questions because of the way they are formed and what they are asking.

6 0
3 years ago
A company buys a parcel of land on which are erected two buildings. The first building is a 100,000 square-foot warehouse and th
sergiy2304 [10]

Answer:

Land, $65,625 and Garage, $39,375

Explanation:

The allocation would be done using the fair market values as basis. Fair market value is more appropriate as a basis instead of using the sizes of the building and the garage as basis.

Total fair market values = $125,000 + $200,000 + $75,000 = $400,000

Total amount paid for all assets = $210,000

Amount allocated to each asset = \frac{asset's fair market value}{total market value} *total amount paid for all assets

Amount allocated to land = \frac{$125,000}{$400,000} *$210,000

= $65,625

Amount allocated to warehouse = \frac{$200,000}{$400,000} *$210,000

= $105,000

Amount allocated to garage = \frac{$75,000}{$400,000} *$210,000

= $39,375

5 0
3 years ago
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