Which one of the following statements is false? a. Carrying large amounts of inventory can be very
Question:
Which one of the following statements is false?
a. Carrying large amounts of inventory can be very costly for a company.
b. JIT environments are usually “push” systems.
c. JIT inventory systems started in Japan.
d. JIT emphasizes reduction of non-value-added activities.
e. Under a JIT system, accountants are encouraged to provide time-based performance measures to management.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
The correct answer ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Question Posted:
Students also viewed these Managerial Accounting questions
-
Which one of the following statements is false with respect to a traditional overhead allocation system? a. A traditional overhead allocation system is a good method of cost allocation in the right...
-
Which one of the following statements is false a, Most countries that trade with the United States impose a double tax on dividends b. Many of the arguments in support of the double tax on dividends...
-
Which one of the following statements is false? a. Service companies use predetermined overhead rates. b. Regarding the accounting for cost of goods sold, service companies are more similar to...
-
Calculate the following ratios from the data given below: 1. Debt ratio 2. Debt service coverage multiples 3. Interest coverage Balance Sheet 12/31/2014 Assets Cash..$575,000 Short-term...
-
At the end of June the manager of the B.C. manufacturing plant was provided with the following variance analysis report. The manager immediately called the production supervisor, demanding an...
-
What was the first viral disease to be globally eradicated? What disease do health officials hope will be eradicated soon?
-
You are in an elevator moving between two floors of a building at constant speed. Compare the work done on you by the elevator when you are moving upward to a higher floor to the work done when you...
-
Presented below is a list of items that may or may not be reported as inventory in a companys December 31 balance sheet. 1. Goods out on consignment at another companys store. 2. Goods sold on an...
-
18.A sine wave is travelling in a medium. The minimum distance between the two particles, always having same speed, is (1) (2)
-
Consider the process shown in the figure below, where carbon monoxide (CO) gas is being oxidized to carbon dioxide (CO 2 ). This process is similar to how the catalytic converter in your car works to...
-
Which one of the following is the correct formula for EVA? a. Net operating profit before tax (Cost of capital Invested capital) b. Net operating profit after tax (Cost of capital Invested...
-
Which one of the following statements is false? a. Total quality management is simply a general endorsement of quality in a company. b. W. Edward Deming was instrumental in the quality revolution in...
-
Bruce Jaffee is a wholesaler of spices, importing them from countries such as Thailand, India, and Sri Lanka. Bruce repackages the spices and sells them to organic food stores and gourmet groceries....
-
On December 31, 2020, Lexxus Inc. recorded an unrealized gain in income of $5,000 related to its trading debt securities originally purchased on December 15, 2020, for $20,000. Lexxus recognized...
-
4. Write an m-file in MATLAB to do the following: i) ii) iii) iv) Ask user input for the angle theta (in degrees). Note angle input on graph. Compute the following functions shown on the next page....
-
Valuation, as studied in this course, involves analysis of financial statements and related information to, a. Estimate the book value of a company's equity. b. Estimate the market value of a...
-
What strategies can be employed to mitigate discord and foster harmonious relations in complex interpersonal dynamics?
-
Background Information 1. The Rahman family is making preparations to celebrate their 15-year anniversary of being in Canada. The Rahman family has chosen your establishment to celebrate. In total...
-
Understand some practical approaches to improve coordination in a supply chain.
-
In exchange for land, the company received a 12-month note on January 1. The face amount of the note is $1,000, and the stated rate of interest is 13%, compounded annually. The 13% rate is equal to...
-
Convert to an equation in polar coordinates of the form r = (). e x2+y2 = 1
-
From the following, calculate total manufacturing costs: Direct labor ............... $ 8,600 Raw materials inventory, June 30 ..... 4,800 Raw materials purchases .......... 15,600 Raw materials...
-
Journalize the following transactions: a. Storeroom issued raw materials costing $9,000. b. Direct labor of $3,800 was charged to production. c. Supplies costing $3,400 were issued by the storeroom....
-
Identify where each title is placed on the worksheet. a. Direct labor b. Ending finished goods inventory c. Beginning finished goods inventory d. Ending raw materials inventory
-
Consider a set {V1, V2, V3, V4} where V3 Find a dependence relation for this set. = 2V4-
-
An apple farmer has determined that if he plants 100 trees per acre, he of 50 bushels per tree. For every tree that he plants over 100, the yield bushels per tree. Let X be the number of trees over...
-
f(x) = 6x- 26x + 26x-6 a) Completely factor the polynomial. Use synthetic or long division at least once. Show how you chose the divisor. (3 marks) b) State the zeros of the polynomial. (1 mark) Show...
Study smarter with the SolutionInn App