Identify three major sources of variability
What will be an ideal response?
1. Poor production processes that allow employees and suppliers to produce improper quantities or late or non-conforming units
2. Unknown customer demands
3. Incomplete or inaccurate drawings, specifications, and bills of material
You might also like to view...
Use the following financial information to find the entry you would make on an income statement for NET INCOME (LOSS) for the year ended December 31, 2011: Gross Sales, $223,000; Sales Returns and Allowances, $11,200; Sales Discounts, $1,800; Merchandise Inventory, January 1, 2011, $67,600; Merchandise Inventory, December 31, 2011, $78,300; Net Purchases, $84,000; Freight In, $950; Salaries, $107,200; Rent, $19,500; Utilities, $1,450; Insurance, $2,150; and Income Tax, $14,900.
A. $135,750 B. $210,000 C. $9,450 D. ($9,450)
Liability is a feature of political systems in which a body of law is in place that permits individuals to recover damages done to them by other actors, systems, or organizations.
Answer the following statement true (T) or false (F)
FUTA requires employers to pay a federal unemployment tax on all salary or wages paid to each employee.
Answer the following statement true (T) or false (F)
The information effect hypothesis implies that increasing dividends provides a more credible signal
of higher future earnings than does management's assertion that future earnings will be higher. Indicate whether the statement is true or false