The three quality processes on which Juran's approach to quality focused include all of the following except
a. quality planning
b. quality management.
c. quality control.
d. quality improvement.
b
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On September 1, 2015, Excellent Company received an $80,000, 12%, 120-day note from a credit customer wishing to extend its repayment period. On October 1, 2015, thirty days after the note was received, Excellent discounted the note at the bank at 14%. How much cash did Excellent Company receive from the bank?
A) $80,800 B) $80,749 C) $80,288 D) $79,317
The customer's ability to determine the timing and services of their needs from a business organization through a website is referred to as _____.
A. customer profiling B. fulfillment C. customer impression D. self-service
Which of the following is NOT a short-term convergence topic that the FASB must address in order to eliminate the reconciliation of accounts prepared under different sets of standards of different countries?
a. Segment reporting b. Accounting for income taxes c. Accounting for research and development costs d. Accounting for the impairment of assets
Stokan Products, Inc., has a Antennae Division that manufactures and sells a number of products, including a standard antennae that could be used by another division in the company, the Aircraft Products Division, in one of its products. Data concerning that antennae appear below: Capacity in units 86,000Selling price to outside customers$63Variable cost per unit$22Fixed cost per unit (based on capacity)$18?The Aircraft Products Division is currently purchasing 5,000 of these antennaes per year from an overseas supplier at a cost of $57 per antennae.?Assume that the Valve Division is selling all of the valves it can produce to outside customers. Also assume that $7 in variable expenses can be avoided on transfers within the company due to reduced shipping and selling costs. What
should be the minimum acceptable transfer price for the valves from the standpoint of the Valve Division? A. $57 per unit B. $63 per unit C. $56 per unit D. $33 per unit