Answer:
b. applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts is the correct answer.
Explanation:
- Lapping is best described as the process of applying cash receipts to a different customer's account in an attempt to conceal previous thefts of cash receipts.
- Lapping is an illegal mode of allotting one consumer's cash to another consumer's account.
- Lapping usually occurs in smaller businesses where a single person manages payment receipts and consumer billing.
- Companies can stop and check lapping through conducting regular inspections of payment receipts and also by dividing cashier and billing tasks.
Answer:
True
Explanation:
Marginal - the dictionary meaning of such word is additional of anything. Here, in the given case, marginal analysis as per costing is the analysis of each additional revenue from each additional sale or production.
Marginal analysis does not consider fixed cost generally, as that is fixed and don not add on on additional units, within a standard range.
Thus, the statement stated here is True.
Answer:
9 kanban
Explanation:
The calculation of the number of kanban containers needed is given below:
= (Lead time demand + Safety stock) ÷ kanban size
where,
Lead time demand is
= 1,500 radios × 1 days
= 1,500 radios
Container size = 250 radios
Safety Stock is
= 1 ÷ 2 day × 1,500 radios
= 750 radios
So, the number of kanban containers needed is
= (1,500 radios + 750 radios) ÷ (250 radios)
= 9 kanban
We simply used the above formula to find out the required kanbans
Answer :It doesn't allow the entrepreneur to raise enough money. -A.
