Answer:
False
Explanation:
In order to choose which inventory method i.e. FIFO, LIFO, weighted average cost, or specific identification method the company can free to choose which any of the inventory methods to determine the inventory cost
There is no need to decided by GAAP
hence, the given statement is false
Therefore it is not a true statement
Answer:
Banking and Related Services
Insurance Services
Financial and Investment Planning
Business Financial Management
Explanation:
Retailers can be categorized as service retailers or merchandise retailers. Service retailers sell services such as legal, health, delivery services, parking, and many others. Merchandise retailers deal with products/ tangible items. They buy in bulk from manufactures or wholesalers and sell to end consumers. Retail related services deal more with sales, cash, and credit, unlike the other carriers in the list that deal with assets, liabilities, and money.
Assuming no safety stock, the recorder point will be 500(50*10).
Safety stock is the additional quantity of a product that's saved within the warehouse to prevent an out-of-stock scenario. It serves as insurance against fluctuations in demand.
To in addition understand Z-score, believe that no safety stock is carried. In this situation, the Z-score is 0. then again, there can be sufficient inventory to satisfy demand in 50 percent of cycles.
A reorder point (ROP) is a specific stage at which your stock desires to be replenished. In other phrases, it tells you whilst to vicinity an order so that you won't run out of stock. The reorder factor system is lead time demand + safety stock. Of course, you need to determine what your lead time demand and safety stock numbers are to determine a correct calculation.
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<span>A decision maker whose utility function graphs as a straight line is risk neutral.
When you are describing someone who is risk neutral, all that is being stated is that they are not bothered by a risk or no risk. The investor/decision maker is fine with either option and are dead set in the middle of the risk spectrum. </span>
Answer:
E. identifying resources and capabilities in the company's home market.
Explanation:
Expanding into international markets gives a company access to new markets, thereby increases the number of its customers. The company will have to increase its production to cater to a large number of customers. Bulk production results in the company enjoying economies of scale.
For a company to enjoy to consider international markets, it must have already identified its capabilities in the domestic market. The reason for seeking foreign markets if to fully exploits its existing capabilities and resources. Expanding to international markets involves building on the already identified resources and abilities.