When inventory sits idle in a department, this would not affect the department's
a. processing time.
b. throughput.
c. process quality yield.
d. dollar days.
C
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If sales for 20x4 (the base year), 20x5, and 20x6 are $40,000, $31,200, and $49,200, respectively, the index numbers assigned to 20x5 and 20x6, respectively, are
A) 62.4 and 128. B) 156 and 118. C) 128.2 and 133. D) 78 and 123.
Valerie’s bad mood has spread to her group members. This phenomenon is known as ______.
A. emotional contagion B. emotional labor C. emotional intelligence D. affect
The FASB and IASB are working jointly to develop a revised, coordinated set of financial reporting objectives. They envision that the
a. primary user groups are present and potential providers of resources, including equity investors and creditors. b. users want information useful for making resource allocation decisions. c. users want information useful for making decisions about protecting and enhancing their investments. d. proposed reporting objectives would also specify that firms should prepare financial reports from the perspective of the reporting entity (entity perspective). e. all of the above
A high inventory turnover ratio indicates that ______.
A. the firm is converting its inventory to profits faster B. the potential for product obsolescence is high C. inventory is not being replenished D. the potential for product theft and damage is high