Inventory that is to be used to cover demand over the period between purchases or production runs is referred to as?
a. Cycle
b. Hedge
c. Safety stocks
d. Transportation
a. Cycle
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Nonstandardization of services increases when:
A) service creation is automated. B) service is delivered from a unique location. C) service delivery is outsourced. D) customer contact time is minimal.
Which of the following is the least likely means a company might choose to meet the needs of international investors?
a. Translation of financial statements or annual reports into the language of the user. b. Denomination of the financial statements in the currency of the country where the financial statements will be used. c. Mutual recognition in which one country accepts the financial statements of another country for regulatory purposes such as listing on stock exchanges or filing annual reports. d. Partial or complete restatement of financial statements to the accounting principles of the financial statement users' country.
Interest on a two-month, 7%, $1,000 note would be calculated as $1,000 × 0.07 × 2/12.
Answer the following statement true (T) or false (F)
Jason is looking for a method of training his employees that will provide hands-on experience and allow for the instructor to customize the training to each employee’s needs. Jason’s best choice of training method would be ________ training.
A. on-the-job B. classroom C. distance D. simulation E. alternative