We can track inventory accuracy by ______.
a. calculating the mean absolute deviation between the quantity shown in inventory records and the real quantity that is physically available
b. calculating the difference between production records and sales records
c. counting each unit after each manufacturing cycle
d. counting units left in inventory after the sale of each unit
a. calculating the mean absolute deviation between the quantity shown in inventory records and the real quantity that is physically available
You might also like to view...
Cascading is essential to promoting consistency in goals. Which three criteria must be met for goal cascading to be successful? Describe and explain each criterion.
What will be an ideal response?
Flexible budgeting is a reporting system wherein the:
a. Statements included in the budget report vary from period to period. b. Budget standards may be adjusted at will. c. Reporting dates vary according to the levels of activity reported upon. d. Planned level of activity is adjusted to the actual level of activity before the budget comparison report is prepared.
Andy, Becky and Charlie formed a partnership. Their business was to create Web pages for students. They would take a person's academic and career information and make an attractive Web page. Andy supplied the computer and technical advice. Becky was the
business manager. Charlie did the bulk of the marketing. Charlie and Becky became irritated with Andy, as it seemed they did more work than he did. Charlie and Becky decided to end their partnership with Andy. During the winding up process, how are the assets of the partnership paid out?
If investors ________, we would assume that do not make systematic mistakes when forecasting exchange rates
A) have rational expectations B) have complete knowledge of all possible bid and ask quotes C) know that interest rate differentials provide information about the intensity of devaluations D) anticipate events that occur