Portian Merchandisers has purchased merchandise on account and paid $450 for freight in. Give the journal entry for freight paid. (Assume a perpetual inventory system.)
What will be an ideal response
Merchandise Inventory 450
Cash 450
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Which of the following may be done as corrective action in the control process?
A. Evaluate performance. B. Revise standards. C. Compare performance to standards. D. Align processes with goals. E. Establish standards.
______ are visual tools that can be used to make decisions in intermittent processes.
a. Gantt charts b. Assignment methods c. Pie charts d. Milestone charts
Most states have adopted the Uniform Electronic Transactions Act
a. True b. False Indicate whether the statement is true or false
The management of a line that fills cereal boxes wants the box filled at 32.2 ounces. When the process is in control, the standard deviation is .1 ounces
a. Construct the upper and lower control limits for a 3-sigma x-bar chart using a sample size of five. b. The results from the last 10 samples follow. Is the process in control?