A computerized inventory system that simulates needed materials requirements for the finished product, and then compares production needs to available inventory balances to determine when orders should be placed is the ________
A) basic economic order quantity system
B) materials requirement planning system
C) just-in-time system
D) red-line method
B
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The consumer value method of estimating brand equity attempts to measure the value of a brand based on input from consumers through measures such as familiarity, quality, purchase considerations, customer satisfaction, and willingness to seek out the
brand. Indicate whether the statement is true or false
______________________________ is a fraud resulting from the improper segregation of duties between the functions of handling cash and recording cash receipt events
Fill in the blank(s) with correct word
Johnny thinks that changing an organization’s culture is like losing weight: It’s difficult and it can be done, but the effect is usually temporary. Is Johnny correct?
A. Yes, because once a culture is changed, it usually changes back. B. Yes, because once a culture starts to change, it is likely to continue to change. C. No, because changing an organization’s culture is impossible. D. No, because changing an organization's culture is easy. E. No, because once a culture is changed, the new norms tend to remain in place.
Davis Corp has three employees. Each earns $600 per week for a five day work week ending on Friday. This month the last day of the month falls on a Wednesday. The company should make which of the following adjusting entries?
a. Credit Wage Expense for $360 and debit Wages Payable for $360 b. Debit Wage Expense for $1,080 and credit Wages Payable for $1,080 c. Credit Wage Expense for $1,080 and debit Wages Payable for $1,080 d. Debit Wage Expense for $360 and credit Wages Payable for $360