Answer: both internal and external inventories
Explanation: In simple words, supply chain inventories refers to the raw material, finished goods and work in process inventories like factors that together constitutes a supply chain.
Management of supply chain refers tot he process in which the organisation tries to control and maintain the flow of inventories from on stage to the other with the ultimate objective of keeping the supply of finished goods smooth throughout the period.
It starts from procuring the suitable raw materials in right quantity and right time after that it monitors the manufacturing unit so that production is done in appropriate time period and finally makes sure that finished goods will be supplied to the market as per the time period specified by the wholesalers or retailers.
Answer:
You should "Debit" one account in your general ledger and "Credit" another.
Explanation:
Example - you receive an invoice from your vendor for $100,000 (assuming non-VAT transaction). Your journal entry would look the following:
Debit: Expense $100,000
Credit: Accounts Payable $100,000
Answer: C. Law of Large Numbers
Explanation:
The law of large numbers, posits that as the sample size grows, the mean of the samples will be closer to the average that's meant for the entire population.
According to the law of large numbers, when an experiment is repeated so many times, and then the results are averaged, the value that one gets will be close to the expected value.
In insurance, the more companies that are insured by the insurance company, the more likely they will b able to predict the percentage of losses over a given period of time.
Answer and Explanation:
The computation is shown below;
For Alternative A
Cost to buy new machine -$119,000.00
Cash received $55,000.00
Reduction in variable manufacturing cost ($33400 - $23000) ×5 $52,000.00
Total change in net income -$12,000.00
For Alternative B
Cost to buy new machine -$112,000.00
Cash received $55,000.00
Reduction in variable manufacturing cost ($33400 - $10200) × 5 $116,000.00
Total change in net income $59,000.00
So here Xinhong should purchase a machine that belong from Alternative B.
That is an example of privatization. The transfer of possession, assets or commerce from the government to the private sector is called privatization. The government ends to be the owner of the entity or business. The development in which a publicly-traded corporation is taken over by a few individuals is also called privatization.
