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zimovet [89]
3 years ago
6

Which of the following is true of manufacturing? a.It does not require an organizational strategy. b.It creates time utility for

its customers. c.It creates products that cannot be quantified. d.It transforms resources into tangible outcomes.
Business
1 answer:
9966 [12]3 years ago
5 0

Answer:

The correct answer is option d.

Explanation:

Manufacturing is the process of producing goods using labor, machines, and tools. It is the process through which raw materials are transformed into physical and tangible goods which can be quantified.  

These finished goods can be used as intermediate goods in the process of production of final goods or they can be directly consumed by the consumers as final goods.  

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According to answers.com its greenbacks
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Mill Co.’s allowance for credit losses was $100,000 at the end of Year 2 and $90,000 at the end of Year 1. For the year ended De
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Answer:

The amount worth $6,000 will be debited to the account in Year 2

Explanation:

When the uncollectible accounts are written off, then the debit is created to the allowance and the credit to the accounts receivable. The starting balance in the allowance account is $90,000 and the ending balance is $100,000 and the expense of bad debt is $16,000

The write off is computed as:

Write off = Beginning balance + Bad debt expense - Ending balance

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3 years ago
Treasury Bonds are _______.A. liquid, but not a store of value. B. a store of value, but not liquid. C. both liquid and a store
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Answer:

C. both liquid and a store of value.

Explanation:

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The T-Bond, as treasury bonds is often called is a good store of value as it pays interest and the principal is backed by a legal contract.

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Which of the following is a fixed cost?
Mice21 [21]

Answer:

The answer is d. payment to hire a security worker to guard the gate to the factory around the clock.

Explanation:

Let re-visit to the concept of Fixed cost before applying to the questions.

Fixed costs are costs which are unchanged given changes in production level.

a. payment to a electric utility is not fixed cost because higher level of production required higher electricity consumption which leads to higher cost of electricity.

b. cost of raw material is not fixed cost because the higher the production level, the higher the raw material required for production.

c. wages to hire assembly line workers is not fixed cost because the higher the production level, the more workers required and the higher the wages will be.

d. payment to hire a security worker to guard the gate to the factory around the clock is fixed cost because regardless of the production level, the security worker will work for the same amount of time and receive the same level of payment as his workload is much likely to remain the same.

So, d is the correct choice.

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