Buffer inventory in front of a bottleneck is called a time buffer.
Answer the following statement true (T) or false (F)
True
The buffer inventory in front of a bottleneck operation is a time buffer.
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Inventory turnover is often calculated by the auditor for proper disclosure in client financial statements
a. True b. False Indicate whether the statement is true or false
At December 31 . 2013 . Joplin Company had 350 shares of common stock outstanding. On October 1 . 2014, an additional 150 shares of common stock were issued. In addition, Joplin had $40,000 of 8 percent convertible bonds outstanding at December 31 . 2014, which are convertible in 225 shares of common stock. No bonds were converted into common stock in 2014 . Net income for the year ended December
31 . 2014, was $14,000 . Assuming an income tax rate of 50%, the basic earnings per share for the year ended December 31 . 2014, would be a. $27.84 b. $36.08 c. $44.32 d. $50.91
Which of the following issuances provides the proclamation, given below, on state responsibility toward the environment?
"…States have, in accordance with the Charter of the United Nations and the principles of international law, the sovereign right to exploit their own resources pursuant to their own environmental policies, and the responsibility to ensure that activities within their jurisdiction or control do not cause damage to the environment of other states or of areas beyond the limits of national jurisdiction." A. the Kyoto Protocol B. Agenda 21 C. the Stockholm Declaration D. the Bonn Agreement
A revocable letter of credit is an agreement to honor a draft or other demand for payment when specified conditions are met and can only be changed by the seller.
Answer the following statement true (T) or false (F)