________ is a system that calls for subassemblies and components to be manufactured in very small lots and delivered to the next stage of the production process as they are needed.
A. Continuous process
B. Crowdsourcing
C. Offshoring
D. Just-in-time
E. Mass production
Answer: D
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Preston Sales, Inc. has gross salaries and wages for March of $45,000. Provide the journal entry to record salaries and wages expense and payroll withholdings. (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%.) Salaries and wages to date are under the OASDI limit. Assume no federal or state income taxes are due. Salaries and wages will be paid at a later date. Omit explanation.
What will be an ideal response?
According to ________, only the party who contracted for the accountant's work may sue
A) the Ultramares Doctrine B) Section 552 of the Restatement (Second) of Torts C) the reasonably foreseeable user rule D) market share theory
Pat owns one share of stock in Quik Smoothies Corporation, as evidenced by a stock certificate. Because stock is intangible personal property, Pat's ownership of the stock A) exists independently of the stock certificate
B) cannot exist without a tangible stock certificate. C) cannot exist without the original stock certificate. D) cannot be transferred without the stock certificate.
The bargaining power of suppliers and customers will impact the profitability of the industry because:
A) powerful suppliers can exert pressure to raise prices. B) powerful customers can exert pressure by forcing down prices. C) powerful customers can exert pressure by demanding higher quality. D) All of the above.