Answer: Problem Solving Team
Explanation: Problem solving is the process of identifying a problem, evaluating the problem and determining alternatives ti its solution.
problem solving has 5 steps ate they are:
1. identify the problem
2. Analyse the problem and seek for solution
3. evaluate and pick a solution
4. Implement solution
5. follow up
According to the question above, the group of employees formed to take quick action on the problem of Granitia Inc is called the problem solving group
Answer:
Postponement warehousing,
Explanation:
Postponement warehousing, is form of warehousing that combines classic warehouse operations with light manufacturing and packaging duties to allow firms to put off final assembly or packaging of goods until the last possible moment.
hub and spoke, consists of one hub (central location), at which the warehouse is located and it is transported to different locations through routes called spokes.
assortment is a form of warehouse in which a wide array of goods are held close to the source of demand to ensure short lead time.
spot stocking refers to company's goods stocked in a small warehouse for easy access. Often done seasonally.
Answer:
debit Unearned Rent Revenue and credit Rent Revenue, $12,000.
Explanation:
Provided information we have,
Rent is received on 1 September 2017 for a period of 1 year on which it is accounted as Unearned Rent amounting $36,000.
Entry on that date would be
Cash A/c Dr. $36,000
To Unearned Rent $36,000
At the end of the year on 31 December 2017, we have period of current year lapsed = 1 September to 31 December = 4 months.
Thus rent income for the year = $36,000
= $12,000
Therefore this rent of $12,000 will be recognized as rent income for the year 2017.
Entry will be
Unearned Rent A/c Dr. $12,000
To Rent Revenue $12,000