<u>Answer: </u>Just in time inventory
<u>Explanation:</u>
Just in time is the strategy that is generally used in production units where they can efficiently manage the stock by reducing the waste. The waste can be reduced by receiving the goods only when they are needed so this reduced the inventory costs.
Inventory cost are the costs related to procurement, storage and maintenance of the inventory. Walgreens store can reduce the stocking of goods cost by ordering them on time when required alone. The small shipment of goods for every two days once can reduce the inventory cost.
The financial plan is a section of a business plan that is only shared with those who really need to know such as loan officials, lawyers & accountants.
Answer:
Variable
Explanation:
Given that, Variable is defined as a mathematical term that is often time used in business operation as well, to describe a form of value or cost that is not stable or permanent, which can change over a given period of time.
Hence, in this situation, the correct answer is " a VARIABLE is a measure, such as a price or quantity, that can take on different values at different times.
Answer:
$4,400
Explanation:
The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.
These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.
The adjusted cash balance is the balance after all the transactions omitted from the cash balance have been considered.
Deposits in transit at month-end $ 1,900 - No adjustments required
Outstanding checks at month-end $ 570 - No adjustment required
Bank service charges $ 30 - To be deducted
EFT automatically deducted monthly, not yet recorded by Maxi $ 480 - To be deducted
An NSF check returned on a customer account $ 315 - To be deducted
Adjusted cash balance = $5,225 - $30 -$480 - $315
=$4400
