Answer:Quality control
Explanation:
The act of supervising all the jobs to achieve the desired excellence is termed as quality control. In general, its purpose is to identify the defects in a lot by checking a few items.
Every company device a method to identify the defects and thus eliminate the defects. Quality control team do not correct the mistake instead they notify another team to correct the defect.
The cost of rainforest preservation can be lowered for developing countries by the development of alternative rainforest products.
Answer:
D. The amount of one product that must be given up to produce one more unit of another product.
Explanation:
Opportunity cost is defined as the potential benefits that you would recieve if you choose one option over another. This is an economic term that can easily be applied in our day to day lives: Ex. When you choose to study over work, the opportunity cost is represented by the money you could earn as payment for your work.
In business, companies must decide whether they produce a wide range of products or services or if they focus their resources in producing those products in which they are more efficient and would represent higher earnings.
Answer:
35,000
Explanation:
Given:
2018 ending inventory understated = 9,000
2017 ending inventory understated = 14,000
Pretax income = $40,000
Computation:
We know that ending inventory 2017 is opening inventory of 2018 so, we say that Opening inventory of 2018 understated by $14,000.
According to rules, Opening inventory understated, overstated the profit and ending inventory understated, understated the profit.
2018 ending inventory understated will be added into profit and 2017 ending inventory understated will subtract from the profit.
Profit during the year = $40,000 +$9,000 -$14,000
Profit during the year = $35,000
