For a given item controlled by a periodic review system the target level is 100 units. If there are 40
units on the shelf and the lead time is 2 weeks then the order quantity should be:
A) 140 units. B) 60 units. C) 85 units. D) 120 units. E) 40 units.
B
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Which of the following states that the business should use the same accounting methods from period to period?
A) materiality concept B) consistency principle C) conservatism D) disclosure principle
Which challenge/opportunity looks at environmental factors during decision making and goal setting?
a. Globalization b. Workforce diversity c. Sustainability d. Economic factors
A report that includes physical evidence, description, lab reports, and testimony is what type of report?
A) Investigative. B) Trip. C) Incident. D) Progress. E) Feasibility.
A capital budgeting project is acceptable if the firm's rate of return required is greater than the project's internal rate of return (IRR).
Answer the following statement true (T) or false (F)