The inventory method where you look at the inventory on hand, and when the stock level of an item appears to be low, you reorder is called ________.
A. basic control
B. proximal management
C. estimation
D. visual control
Answer: D
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Answer the following statements true (T) or false (F)
1. Free cash flow is calculated by adding cash payments planned for investments in long-term assets and cash dividends to the amount of net cash provided by operating activities. 2. Investors who want to know the amount of cash a company has available for new opportunities, such as expanding into a new sales region, should analyze the company's free cash flow. 3. Free cash flow is the amount of cash available from operating activities before paying for planned investments in long-term assets. 4. Many companies use free cash flow to estimate the amount of cash that would be available for unexpected opportunities.
If you are a recent college graduate, your résumé should
A) include a lengthy list of your courses. B) include keywords referring to your education. C) include an objective referring to your education. D) show your work experience before your education. E) show your education before your work background.
Which of the following is a true statement regarding the listing of the personal requirements on the job specification?
A. Only the justifiable personal requirements should be listed. B. The person preparing the job specifications can determine which ones get listed, based on his/her personal preferences. C. Generally, the individuals currently holding the position determine which ones are listed. D. When too many personal requirements exist for listing on the specification, the ones that are listed are chosen randomly.
Indicate how each event affects the elements of financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts. Assume that Frank Company uses a perpetual inventory system.Increase = IDecrease = DNo Effect = NWhetzel Co. sold merchandise to a customer for $950 on account. Whetzel's cost of the merchandise was $600.AssetsLiabilitiesEquityRevenuesExpensesNet IncomeCash Flow???????
What will be an ideal response?