Answer:
A) Backward vertical integration.
Explanation:
In this new rapid changing environment where competitiveness is a key to success, often businesses try hard to keep the cost low, without loosing it's charms. Sometimes, it does that by doing the processes of supply chain itself that is <em>vertical integration</em>.
Backward Vertical Integration: It is a type of integration in which company takes the responsibility of creating the required product which is prerequisite for the final product.
- Example of Digipics: At first company used to outsource all the components including lenses as well, to make the final product, and later they started manufacturing the lenses themselves obviously to reduce cost.
It involves processing speech with focused attention.
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Answer:
Blake Company
Assets = Liabilities + Equity
- 395 -215
- 180
The expenses payable are decreased and so are liabilities. The cash is also decreased.
The petty cash payments report and all receipts are given to the company cashier in exchange for check to reimburse the fund. The petty cashier cashes the check and puts the cash in the petty cash book . the company records this reimbursement as follows.ase
Miscellaneous Expenses $ 215 Dr
Cash receipts $ 180 Dr
Cash $ 395 Cr
To reimburse petty cash.