An effective inventory management system ______.
a. will produce reliable demand forecasts and estimates of lead times and inventory costs
b. will attempt to reprice items such that inventory of finished products is minimized
c. will use the push system in some seasons and pull system in other seasons to balance demand and supply
d. will help identify the right markets for its products
a. will produce reliable demand forecasts and estimates of lead times and inventory costs
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What is a microblog?
A. a blog service that supports only short posts B. a blog whose owner doesn't post very often C. a blog run by a small business D. a blog that supports only links to other posts E. a blog that targets a very small consumer group
From the SHRM poll on what HR professionals felt was the top investment challenge over the next 10 years, about ______ said the top challenge was obtaining human capital and optimizing human capital investments.
a. 70% b. 35% c. 47% d. 85%
The international treaty to which the United States is a party and which protects copyrighted works is known as the:
a. Berne Convention. b. Convention on International Copyright Protection (CICP). c. Geneva Convention. d. Madrid Protocol.
The unadjusted trial balance and the adjustment data for Porter Business Institute are shown below along with adjusting entry information. What is the impact of the adjusting entries on the balance sheet? Show the calculation for total assets, total liabilities, and equity without the adjustments; show the calculation for total assets, total liabilities, and equity with the adjustments. Which one provides the most accurate presentation of the balance sheet? Porter Business Institute Unadjusted Trial Balance December 31 (in millions)?Cash…………………………………………………. ?$58,000??Accounts receivable…………..………………59,000??Prepaid insurance …………………………...12,000??Equipment
…………………………………….8,000??Accumulated depreciation-equipment ……….. ??$ 2,000Buildings……………………………………………..57,500??Accumulated depreciation-buildings…………..??17,500Land………………………………….55,000??Unearned rent…………………………………..??16,000Long-term notes payable……………………….??50,000Common stock……………………….??50,000Retained earnings ……………………………….??65,600Tuition fees earned ……………………….??74,000Training fees earned ………………………….??23,400Wages expense ……………………………………...32,000??Utilities expense …………………………….8,000??Property taxes expense …………………………5,000??Interest expense …………………………………….4,000?________Totals ………………………………………..$ 298,500?$298,500Additional information items:a. The Prepaid Insurance account consists of a payment for a 1 year policy. An analysis of the insurance invoice indicates that one half of the policy has expired by the end of the December 31 year-end.b. A cash payment for space sublet for 8 months was received on July 1 and was credited to Unearned Rent.c. Accrued interest expense on the note payable of $1,000 has been incurred but not paid. What will be an ideal response?