Replacement parts for machinery are examples of ______.
A. direct material purchases
B. indirect material purchases
C. centralized purchases
D. decentralized purchases
B. indirect material purchases
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Which of the following is a disadvantage of an over-engineered product?
A) The quality of the product will be low. B) It is less robust for its application. C) It is associated with operational problems. D) The product will have unwanted features.
Kelton Inc. reported net credit sales of $450,000 for the current year. The unadjusted credit balance in its Allowance for Doubtful Accounts is $750. The company has experienced bad debt losses of 1% of credit sales in prior periods. Using the percentage of credit sales method, what amount should the company record as an estimate of Bad Debt Expense?
A. $4,800 B. $4,500 C. $4,470 D. $3,750
A marketing firm has been assigned the task of watching trends in spending, personal income, savings, and interest rates. The marketing firm is most likely gathering information about consumers' ________
A) social network usage rates B) economic situations C) occupational needs D) purchasing perceptions E) brand affiliations
Just-in-time operations attempt to significantly reduce
a. inspection time and moving time. b. only storage time. c. moving time and processing time. d. inspection time and processing time.