Which of the following statements is false? a. JIT is limited to manufacturing firms. b. One...
Which of the following statements is false? a. JIT is limited to manufacturing firms. b. One feature of JIT production is demand-pull. c. Downstream work stations are the driving force of JIT production. d. JIT involves eliminating non-value-added activities.
Homework Answers
EXPLANATION - Out of all the statments given above following statement stands false -
a. JIT is limited to manufacturing firms.
As JIT is not only limited to manufacturing firms rather to all the production and trading firms to minimize the waste and to meet up with customer demand, quality and time.
Add Answer to:
Which of the following statements is false? a. JIT is limited to
manufacturing firms. b. One...
Which of the following statements are true and which are false ? Correct the false one...
Which of the following statements are true and which are false ? Correct the false one a. Labor wages are a variable cost. b. A book cost is just another word for a cost that generates a cash flow. c. Total overhead costs are independent of the capacity of an operation (e.g., the size of a manufacturing plant). d. Depreciation is a type of cash flow. e. Thesizeofsunkcostsshouldnotaffecttheprojection of future cash flows. f. The sale of assets can be used...
Which one of the following statements about codes of conduct (ethics) is false? a)They are formalized...
Which one of the following statements about codes of conduct (ethics) is false? a)They are formalized rules and standards that describe what a company expects of its employees. b)They must be detailed enough to take into account many possible situations. c)They encourage ethical behavior by eliminating opportunities for unethical behavior because employees know what is expected of them. d)They help marketers deal with marketing issues by prescribing and limiting certain activities. e)Top management must provide leadership in implementing codes of...
#36 Which of the following statements is false? a. Firms under perfect competition face perfectly inelastic...
#36 Which of the following statements is false? a. Firms under perfect competition face perfectly inelastic demand curves. b. Under a monopolistic competition, there are different prices for perceived product differences. c. Interdependence of firms is a characteristic of an oligopoly.
Which of the following statements about the depletion deduction is false? A. Firms can deduct the...
Which of the following statements about the depletion deduction is false? A. Firms can deduct the greater of cost depletion or percentage depletion for the year. B. Percentage depletion is a tax preference item. C. The depletion deduction can never exceed the unrecovered cost basis in the depletable asset. D. Percentage depletion is not based on any actual decrease in the expected productive value of a mine or well.
Which one of the following statements is true? a. A sole proprietor has limited liability. b....
Which one of the following statements is true? a. A sole proprietor has limited liability. b. A disadvantage of a sole proprietorship is double taxation. c. In a general partnership, partners face limited liability d. A disadvantage of a corporation is that complex management structure lead to slower and expensive decision-making. Which of the following is not a institutional shareholder of a corporation? a. Individual person. b. Corporation. c. Securities companies. d. Financial intermediary.
Which of the following statements about the MWC model is false? a. it involves the enzyme...
Which of the following statements about the MWC model is false? a. it involves the enzyme occurring in the two distinct conformations when the allosteric regulator is absent b. it involves the enzyme occurring in an R state (performs catalysis well) and a T state (performs catalysis poorly) c. it involves a conformational shift in the prescence of allosteric regulator d. it involves a higher population of the T state than the R state when allosteric regulator is not present...
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost...
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost pools, then assigns the activity cost pools to products. An activity that has a direct cause-effect relationship with the resources consumed. Increases the worth of a product or service to customers. Should be eliminated or reduced. Plant management. Engineering changes. Equipment setups. Assembling. Primary objective is to eliminate all manufacturing inventories. Used to initiate manufacturing under JIT processing. Activity-based costing Product-level activity Unit-level activity...
The way economists define investment, which one of the following statements about investment is false? Investment incl...
The way economists define investment, which one of the following statements about investment is false? Investment includes changes in inventories. Investment includes the purchase of new machinery and capital equipment. Investment includes the purchase of intermediate goods used by firms in the production process. Investment is an expenditure.
Which one of the following statements is false? The statement of cash flows reports the cash...
Which one of the following statements is false? The statement of cash flows reports the cash receipts and cash payments of an entity over a period of time. Both the statement of cash flows and the income statement determine the net income for a company. Transactions affecting the sale and the purchase or production of goods and services are reported in the operating activities section of the statement of cash flows. Investing activities in the statement of cash flows include...
Manufacturing and Service Firms In general, firms can be divided into manufacturing and service firms. Manufacturing...
Manufacturing and Service Firms In general, firms can be divided into manufacturing and service firms. Manufacturing firms make a tangible product. They need to determine product costs for both inventory valuation and the calculation of cost of goods sold. The cost of inventory appears on the , and the cost of goods sold appears on the . (Wholesale or retail firms purchase a product that is already manufactured. The cost of such products, which are tangible, are carried at that...
Which one of the following statements is true? a. A sole proprietor has limited liability. b. A disadvantage of a sole proprietorship is double taxation. c. In a general partnership, partners face limited liability d. A disadvantage of a corporation is that complex management structure lead to slower and expensive decision-making. Which of the following is not a institutional shareholder of a corporation? a. Individual person. b. Corporation. c. Securities companies. d. Financial intermediary.
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost pools, then assigns the activity cost pools to products. An activity that has a direct cause-effect relationship with the resources consumed. Increases the worth of a product or service to customers. Should be eliminated or reduced. Plant management. Engineering changes. Equipment setups. Assembling. Primary objective is to eliminate all manufacturing inventories. Used to initiate manufacturing under JIT processing. Activity-based costing Product-level activity Unit-level activity...
The way economists define investment, which one of the following statements about investment is false? Investment includes changes in inventories. Investment includes the purchase of new machinery and capital equipment. Investment includes the purchase of intermediate goods used by firms in the production process. Investment is an expenditure.
Manufacturing and Service Firms In general, firms can be divided into manufacturing and service firms. Manufacturing firms make a tangible product. They need to determine product costs for both inventory valuation and the calculation of cost of goods sold. The cost of inventory appears on the , and the cost of goods sold appears on the . (Wholesale or retail firms purchase a product that is already manufactured. The cost of such products, which are tangible, are carried at that...
Most questions answered within 3 hours.
-
Oxidative phosphorylation is achieved through chemiosmotic
coupling, which turns chemical energy into osmotic potential energy
that...
asked 1 hour ago -
Hollywood Shoes would like to maintain their cash account at a
minimum level of $64,000, but...
asked 1 hour ago -
Proteins CtrA-P, DnaA, and GcrA behave similarly to what
molecule in the Eukaryotic Cell Cycle?
asked 1 hour ago -
TRUE OR FALSE
In case of a competitive tender procedure, in the request for
quotation, the...
asked 1 hour ago -
I am a little behind please provide some explanation, will
provide thumbs up.
This question considers...
asked 1 hour ago -
Let say the utility function as U(X,Y) = lnX + Y. Show that the
marginal rate...
asked 1 hour ago -
A current of I=8.0A is flowing in a typical extension cord of
length L=3.00m. The cord...
asked 1 hour ago -
1. When balancing the equation H2SO4 (aq) + NaOH (aq) →
Na2SO4(aq) + H2O(aq), would you...
asked 2 hours ago -
Provide a definition of “classification hierarchy” and
illustrate your definition with an example of how and...
asked 1 hour ago -
1. Describe the four main green solvents. Provide one example of
the use of each solvent....
asked 1 hour ago -
International ethics focus on:
1) exploitation of labor
2)corruption
3) environmental impact
4) none of the...
asked 2 hours ago -
Costing Models You work for XYZ trucking and your boss has asked
you to figure out...
asked 1 hour ago