8. The correct option is d. reduces inventory making problems more visible as it reduces overhead and optimize storage cost.
9. The given statement is FALSE as ISO is used for quality management and only offered after a product has passed certain quality standards.
Do give a positive rating if you think this answer helped
D Question 8 2 pts In a pul system decreasing the number of kanbans increases inventory...
D Question 40 2 pts The Mistakes Abound Company had the following balances on its financial statements for the year ended December 31, 2019 Cost of Goods Sold for the year ended December 31, 2019: $450,000 Retained Earnings at December 31, 2019: $184,000 In May 2020, the Mistakes Abound Company discovered that its December 31, 2019 ending Inventory was understated by $15.000 W should have been the correct balances in Cost of Goods Sold and Retained Earnings in the December...
D Question 26 2 pts The Consulting Company had the following information related to its bank reconciliation at March 31 2020 1. Balance per books as of March 31, 2020: 2 Balance per bank as of March 31, 2020: 3. Deposits in transit at March 31, 2020: 4. Debit memo for the Consulting Company renting a lockbox at the bank This was shown on the bank statement; however, it had not been recorded in the Consulting Company's general ledger as...
D Question 5 2 pts The Rose Cereal Company shows the following for the year ended December 31, 2013: Net sales $1,300,000 Net income $500,000 Net accounts receivable 1/1 $250,000 Net accounts receivable 12/31 $ 150,000 What is the average collection period? 56 days 70 days 42 days 146 days D Question 6 2 pts You are given the following information: 30 2 pts Question 6 You are given the following information: $600,000 Income before interest and taxes (45.000) Less:...