Which planning approach is appropriate for companies whose mix of products and service offerings change from period to period?
A. bottom-up
B. top-down
C. aggregate
D. independent
A. bottom-up
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The bullwhip effect is ______.
A. enhanced if the lead time is longer B. minimized if the lead time is longer C. enhanced if the lead time is shorter D. enhanced if the lead time is fluctuating
What Strategic issues particular to the enterprise(s) and context described
What will be an ideal response?
On February 3, Smart Company sold merchandise in the amount of $5,800 to Truman Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Smart uses the perpetual inventory system and the gross method. Truman pays the invoice on February 8, and takes the appropriate discount. The journal entry that Smart makes on February 8 is:
A.
| Cash | 3,920 | |
| Sales discounts | 80 | |
| Accounts receivable | 4,000 |
B.
| Cash | 4,000 | |
| Accounts receivable | 4,000 |
C.
| Cash | 5,684 | |
| Accounts receivable | 5,684 |
D.
| Cash | 5,800 | |
| Accounts receivable | 5,800 |
E.
| Cash | 5,684 | |
| Sales discounts | 116 | |
| Accounts receivable | 5,800 |
In the context of medical malpractice, what is a "never event"?
A) A medical condition that despite the best screening and technology cannot be detected. B) A pandemic that quickly spreads and infects many people. C) A medical error that should never occur. D) An event for which doctors and medical facilities cannot be held legally responsible.