The measure of how well a process uses the time available to complete it is called ______.
A. cycle time
B. flow time
C. idle time
D. balance efficiency
D. balance efficiency
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When the law office of Dewey, Cheatham, and Howe received the case of legal paper it had ordered from an Internet office supply retailer, the office manager was dismayed to find the paper was pink even though it was marked white. The office manager packed the paper and sent it back to the retailer who in turn sent it back to the vendor. This is an example of
A. backwards distribution. B. a reverse supply chain. C. backwards handling. D. demarketing. E. resourcing.
Describe an internal control that would prevent the acquisition of office equipment which is not needed by the firm
In periods of falling purchase prices and increasing inventory quantities, LIFO results in a _____ than either FIFO or the weighted-average cost-flow assumption
a. higher cost of goods sold; lower reported periodic income; lower current income taxes b. lower cost of goods sold; lower reported periodic income; lower current income taxes c. higher cost of goods sold; higher reported periodic income; lower current income taxes d. higher cost of goods sold; higher reported periodic income; higher current income taxes e. a lower cost of goods sold; higher reported periodic income; higher current income taxes
Kranston Company is considering whether to sell Retox at the split-off point or subject it to further processing and produce a more refined product known as Retox-F. Consider the following items:I. The selling price of Retox-F. II. The joint processing cost of Retox. III. The separable cost of producing Retox-F. Which of the above items is (are) relevant to Kranston's decision to process Retox into Retox-F?
A. I and II. B. II only. C. III only. D. I only. E. I and III.