A manufacturer of automobile component parts that has turned over all transportation functions to an independent third party in its supply chain has engaged in:

A. creating a dependent materials-handling system
B. outsourcing
C. removing entry barriers
D. task deployment
E. channel rotation


Answer: B

Business

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A change from one acceptable accounting method to another is reported

a. on the statement of retained earnings, as a correction to the beginning balance b. on the income statement, below income from continuing operations c. on the income statement, above income from continuing operations d. through a retroactive restatement of prior-period earnings

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_____ should first be done to decide which data should be collected and how it should be organized.

A. Report modeling B. Data structuring C. Object structuring D. Data modeling

Business

Identify the approach that uses friends and neighbors as the sales force

A) direct sales B) telemarketing C) direct-mail marketing D) sales promotion

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The Refining Department of SweetBeet, Inc. had 79,000 tons of sugar to account for in July. Of the 79,000 tons, 49,000 tons were completed and transferred to the Boiling Department, and the remaining 30,000 tons were 50% complete. The materials required for production are added at the beginning of the process. Conversion costs are added evenly throughout the refining process. The weighted-average method is used. Calculate the total equivalent units of production for direct materials.

A) 64,000 units B) 49,000 units C) 15,000 units D) 79,000 units

Business