Answer the following statement(s) true (T) or false (F)

1. Capacity planning for the medium time range is called capacity requirements planning.
2. Finished products inventory planning is one of the activities included under capacity planning.
3. Inventory levels is a key input to a CRP system.
4. A consequence of lot splitting is that it reduces the unit cost of production.


1. True
2. False
3. False
4. False

Business

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Simple City has recorded the purchase order of two trucks for a total of $100,000.Prepare the journal entries to reflect that the two trucks have been received with an invoice amount of $105,000. This invoice has been approved but not yet paid. Identify the fund in which the entries are recorded.

What will be an ideal response?

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Internet Protocol version 6 (IPv6 ) is also known as ________

A) New Net B) Redo-IP C) Digital 6 D) IPng (Internetworking Protocol, next generation)

Business

J is an agent who has induced an insured through misrepresentation to surrender an existing insurance policy. What is J guilty of?

What will be an ideal response?

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All of the following are included in the full price of a product or service except

A. taxes. B. value of the consumer's time. C. shipping. D. the price of alternative products and services. E. travel costs.

Business