Lead time in a production process includes both value and non-value added time

Indicate whether the statement is true or false


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Business

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What is the purpose of adjusting entries?

Business

What is the correct treatment of a stock dividend issued in mid-year when computing the weighted-average number of common shares outstanding for earnings per share purposes?

a. The stock dividend should be weighted by the length of time that the additional number of shares are outstanding during the period. b. The stock dividend should be included in the weighted-average number of common shares outstanding only if the additional shares result in a decrease of 3 percent or more in earnings per share. c. The stock dividend should be weighted as if the additional shares were issued at the beginning of the year. d. The stock dividend should be ignored since no additional capital was received.

Business

?The indentures for publicly traded bonds are approved by:

A. ?the state government. B. ?the Securities and Exchange Commission. C. ?the federal government. D. ?the Public Company Accounting Oversight Board. E. ?the local government.

Business

Given the forecast and booked orders shown in the table, and a beginning inventory of 12, complete this master production schedule. The company operates with a lot size of 144

Period 1 2 3 4 5 6 Forecasted Demand 268 355 480 660 840 900 Booked Orders 520 400 325 450 420 300 Projected ending inventory Master production schedule Available to Promise What will be an ideal response?

Business