In an ABC analysis, class ________ SKUs, which typically make up about ________ % of the SKUs, account for about 80% of the dollar usage
Fill in the blanks with correct word
A, 20
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Indicate whether the statement is true or false
On January 1, 2011, James Company sold a machine for $10,000 that it had used for several years. The machine was purchased at $22,000, and had accumulated depreciation of $9,000 at the time of sale. What gain or loss will be reported on the income statement for the sale of the machine?
A) Gain of $10,000 B) Loss of $13,000 C) Loss of $3,000 D) Gain of $3,000
Which of the following statements about manufacturing in a traditional environment is true?
A) Factories are organized so that machines that are dissimilar are grouped together. B) It is not desirable to accumulate raw materials inventory to serve as buffers in case of unexpected demand for products. C) The process begins with a customer order and products are "pulled" through the manufacturing process. D) Partially completed inventory is accumulated in a work in process inventory account.
The World Bank's two major institutions are the International Development Association and the
A. International Bank for Reconstruction and Development. B. International Microloan Bank. C. collateral-based Lending Agency. D. International Bank for Development.