An approach to reducing the effect of nervousness in an MRP system is to use ______.

A. performance of reports
B. immediate feedback
C. scheduled planned orders
D. firm planned orders


D. firm planned orders

Business

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On June 30, 2018, Staton Island Company discarded equipment costing $40,000. Accumulated Depreciation as of December 31, 2017, was $25,000. Assume annual depreciation on the equipment is $2,500. Prepare the journal entries for the 2018 depreciation expense and for the disposal of the equipment. Omit explanation.

What will be an ideal response?

Business

Appeals from the U.S. Tax Court are to the Court of Appeals for the Federal Circuit.

Answer the following statement true (T) or false (F)

Business

Which of the following is the formula used to compute a product's unit cost?

a. (Direct Materials + Direct Labor) / Number of Units Produced b. (Direct Materials + Direct Labor + Overhead) / Number of Units Produced c. (Direct Labor + Overhead) / Number of Units Produced d. (Indirect Materials + Indirect Labor + Overhead) / Number of Units Produced

Business

When bonds are converted to stock, any excess carrying value of the bonds over the par value of the stock is to be recorded as Additional Paid-in Capital

Indicate whether the statement is true or false

Business