Which type of layout features departments or other functional groupings in which similar activities are performed?

A) process-oriented
B) product-oriented
C) fixed-position
D) mass production
E) unit production


A

Business

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Fashion Jeans, Inc sells two lines of jeans; Simple Life and Fancy Life. Simple Life sells for $85.00 a pair and Fancy Life sells for $100.00 a pair. The company sells all of its jeans on credit and estimates that 60% is collected in the month of the sale, 35% is collected in the following month, and the rest is considered to be uncollectible. The estimated sales for Simple are as follows:

January 20,000 jeans, February 27,500 jeans, and March 25,000 jeans. The estimated sales for Fancy are as follows: January 18,000 jeans, February 19,000, and March 20,500 jeans. What are the expected cash receipts for the month of March? A) $3,988,125 B) $2,505,000 C) $2,125,000 D) $4,175,000

Business

Management accounting

A) provides objective financial information B) must adhere to GAAP C) has no mandatory rules D) none of the other statements are true

Business

In contrast to a partnership, every member of an LLC has limited liability for the LLC's debts.

Answer the following statement true (T) or false (F)

Business

Labeling is used to perform only two roles: to promote and to inform.

Answer the following statement true (T) or false (F)

Business