People processing services require:
A) a high degree of process structure.
B) high capital intensity.
C) physical presence.
D) hybrid low volume—capital intensive operations.
C
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A self-assessment:
a. identifies individual strengths and weaknesses. b. reveals our level of "bad luck". c. should be shared with our superiors. d. None of the above.
Creek Co. uses the percentage of credit sales method in determining its bad debt expense. The following information comes from the accounting records of Creek Co.: ??Cash sales$290,000? ??Credit sales 710,000? ??Total sales 1,000,000? ??Credit balance in the Allowance for Doubtful Accounts 8000? ??Bad debt loss rate 3% ??What is the estimate of bad debt expense?
A. $29,300 B. $30,000 C. $21,300 D. $22,000
In lean thinking, waste need not be classified as simply material waste such as scrap and defective parts
Indicate whether the statement is true or false
A company uses the periodic inventory system and had the following activity during the current monthly period.
Using the weighted-average inventory method, the company's ending inventory would be:
A) $2,000
B) $2,200
C) $2,250
D) $2,400
E) $4,400