A shift to a more trusting buyer-supplier relationship is easy
a. True
b. False
Indicate whether the statement is true or false
False
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Executive, Inc has a weekly payroll of $10,000 for a 5-day workweek, Monday through Friday. If December 31, the last day of the accounting year, falls on Thursday, Executive would make an adjusting entry that would
a. increase Wages Expense $8,000. b. decrease Wages Payable $2,000. c. decrease Cash $8,000. d. increase Wages Payable $2,000.
Labor and paperwork costs associated with placing an order are referred to as?
a. Order cost b. Stockout cost c. Inventory carrying cost d. Purchase cost
Periodic review policies require
A) more safety inventory than continuous review policies for the same level of product availability. B) less safety inventory than continuous review policies for the same level of product availability. C) the same safety inventory as continuous review policies for the same level of product availability. D) no more safety inventory than continuous review policies for the same level of product availability.
Most car dealers allow test-driving of the cars they sell to increase the _____ of their product.
A. relative advantage B. trialability C. compatibility D. observability