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Eva8 [605]
3 years ago
14

Robert works for a manufacturing company. His job profile requires that he keep track of the amount of raw materials that the bu

siness needs
to meet the required output (production). He also keeps a record of products that are semi-finished and are about to complete the production
process. Lastly, Robert keeps track of the finished products, keeping in mind the retailers' requirements. Which of these crucial aspects of the
distribution function is Robert Involved in?
A product handling
B. Inventory control
purchase planning
storage
OD
Business
1 answer:
Schach [20]3 years ago
6 0

Answer:

B. Inventory control

Explanation:

Inventory is the term used to describe products in the various stages of production. Inventory refers to the raw materials used to make products, goods partially produced( work -in -progress), and the finished goods awaiting sales.

Robert's responsibilities revolve around inventory control. He is part of the supply chain team that coordinates material movement from the source, in the production process, and delivery to the market.

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The City of West Hutchison is constructing a new road, which it estimates will cost $7.2 million. The city will finance the road
Mice21 [21]

Answer:

1.

Budgetary fund balance reserved for encumbrances (DR)  $7,200,000

Encumbrances-Capital Project (CR)  $7,200,000

2.

Cash (DR)  $1,200,000

Government Grant (CR)  $1,200,000

3.

Cash (DR)  $6,000,000

Bonds Payable (CR)  $6,000,000

Explanation:

1. The Budgetary entry for encumbrance is given as follows :  

Budgetary fund balance reserved for encumbrances (DR)  $7,200,000

Encumbrances-Capital Project (CR)  $7,200,000

2. The government grant received will be recorded as :

Cash (DR)  $1,200,000

Government Grant (CR)  $1,200,000

3. The Issuance of Bonds needs to be recorded in the journal ledger as :

Cash (DR)  $6,000,000

Bonds Payable (CR)  $6,000,000

6 0
3 years ago
Chec
Arada [10]

Answer:

THERE IS NO ANSWER FOR THIS

Explanation:

YOU NEED ALL THE MONEY

6 0
3 years ago
. The start of noncritical activities are delayed beyond their earliest start times (but not beyond their latest start times) in
ozzi

The correct answer is D) maintain a uniform level of required resources.

The start of noncritical activities is delayed beyond their earliest start times (but not beyond their latest start times) in order to maintain a uniform level of required resources.

That is why companies have to establish their priorities and identify the main activities that must be accomplished on time, the people responsible to accomplish the activity, and the resources needed to successfully do so. Noncritical activities can be delayed up to a point, but the critical activities have to be followed according to the schedule.

7 0
3 years ago
In the case of an unanticipated inflation: A) creditors with an unindexed contract are hurt because they get less than they expe
podryga [215]

Answer:

A is the correct option.

Explanation:

The increase in the general price is known as inflation. This inflation occurs when people know that Inflation is going to occur and they start preparing for it. e.g In case of increased interest rates if the inflation is anticipated, the banks try to protect themselves by increasing the interest rates. There is also unanticipated inflation which occurs when people are unaware that inflation until the price level increases. In the case of unanticipated inflation, people are unprotected.

4 0
3 years ago
You saved $500 in currency in your piggy bank to purchase a new laptop. The $500 you kept in your piggy bank illustrates money’s
otez555 [7]

Answer:

The answer to the three fill in the banks as per order given in question are- store of value , unit of account , medium of exchange.

Explanation:

When $500 are kept in piggy bank to buy laptop, it illustrates the store of value function of money. This is a function where money is kept or stored to purchase some item in the future, given money doesn't lose its purchasing power .

The $500 price of laptop shows the unit of account function of money , where money is the standard numerical of measurement for the goods and services or any other transaction in the market.

The $500 which was used to buy the laptop shows the medium of exchange function of money , where money is used as intermediary for exchange of goods and services.

7 0
3 years ago
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