In a pull manufacturing system, production is based on ______.
A. past trends only
B. capacity of the manufacturer
C. actual customer demand
D. government regulations
C. actual customer demand
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Which of the following transactions is most likely not to result in an adjusting entry at the end of the period?
a. Performance of a service for which payment was received in advance b. Payment of this month's rent c. Purchase of office equipment d. Purchase of a two-year insurance policy
Which of the following is a mitigation strategy for market risk?
A. using multiple suppliers and suppliers that have the flexibility to respond to demand changes B. using approaches such as hedging, forward contracts, quantity discounts, or postponing decisions to counter volatility in market prices C. identifying and selecting suppliers to minimize disruptions in production D. choosing the right sourcing strategy upfront using reliable market intelligence
List and discuss the elements necessary to establish negligence
A parent might attempt to resolve a transfer of ownership by giving children active in the firm's management _____ stock and giving nonactive children _____ stock.
A. preferred, common B. growth, speculative C. common, preferred D. more, less