Which of the following is an example of "pull" system of production and inventory control?
a. ABC
b. JIT
c. EDI
d. EOQ
b
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Francois' company is planning on opening a factory in a developing nation. It is their goal to train persons from the local labour force to manage the facility. This expectation is reflective of the ________ standard of conduct for multinational corporations.
A) financing B) employment and human resources C) competition D) sociocultural objectives and values E) political factors
Which one of the following documents is used in the control of cash receipts?
a. Purchase requisitions b. Receiving reports c. Canceled checks from customers d. Bank deposit slips
For the current year, Phoenix Company reported income tax expense of $195,000 . Income taxes payable at the end of the prior year were $125,000 and at the end of the current year were $130,000 . The deferred tax liability classified as noncurrent that resulted from the use of MACRS for tax purposes and straight-line depreciation for financial reporting purposes increased from $120,000 at the
beginning of the current year to $123,000 at the end of the current year. How much cash was paid for income taxes during the year? a. $187,000 b. $197,000 c. $195,000 d. $190,000
A business presentation generally emerges from a specific business question
Indicate whether the statement is true or false.