Finished goods inventory - Study guides, Class notes & Summaries
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AUE2601 EXAM PACK 2024
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University of South Africa - AUE2601 - Auditing Theory And Practice EXAM PACK 2024 
OCTOBER/NOVEMBER 2024 
1.5) 
Password controls 
 Passwords should be unique to each individual (group passwords should not be used). 
 Passwords should consist of at least six characters, be random not obvious, and a mix of 
letters, numbers, upper/lower case and symbols. 
 Passwords/user-IDs for terminated or transferred personnel should be removed/disabled 
at the time of termination or transfer....
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WGU C720 Complete OA Prep Guide Graded A+
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WGU C720 Complete OA Prep Guide Graded A+ Inputs People, capital, material, money 
Outputs Services and goods 
Sustainability Defined broadly in operations and supply chain management as the ethical issues an organization faces to balance financial performance while maintaining social responsibility standards and a responsible environmental profile. 
VIRAL Acronym - A framework for competitive advantage. 
Viral, Inimitable, Rare, Aptitude, Lifespan. 
The advantage must provide Value to consumers...
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ACCT Exam 3 LSU | Questions and Answers (Complete Solutions)
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ACCT Exam 3 LSU | Questions and Answers (Complete Solutions) All of the following are distinguishing features of managerial accounting except a- to provide special-purpose information. b- internal users. c- independent audits. d- reports pertaining to subunits of the entity. The process of keeping the company's activities on track is a- controlling. b- planning. c- directing. d- evaluating. Which of the following statements is true about managerial accounting? a- It is primarily for internal ...
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Prostart Level 2 exam Questions & Answers 100% Correct!!
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Which type of Menu offers breakfast,lunch,and dinner at any time of day? - ANSWERCaliforina 
 
Which is a benefit of choosing to buy a ready-made product? - ANSWERthe finished dish will be more consistent 
 
Which kind of leavener provides product rise when making quick breads? - ANSWERChemical 
 
How does an operation determine its food cost ? - ANSWER(opening inventory+ purchases)-closing inventory 
 
In a channel of distribution, wholesalers, suppliers, and distributors are considered to be -...
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OMIS 338- EXAM 2 Latest Update Graded A+
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OMIS 338- EXAM 2 Latest Update 
 
Graded A+ 
 
Inventory Management Objective of inventory management is to strike a balance between 
inventory investment and customer service 
 
Importance of inventory most expensive assets 
less inventory= lower costs but greater chance of running out 
more inventory raises costs but always keeps customers happy 
 
Functions of inventory Provide a selection of goods for anticipated demands 
 
separate various parts of the production process 
advantage of quant...
And that's how you make extra money
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ACCT 526 Midterm Exam Questions With Verified Answers
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ACCT 526 Midterm Exam Questions With Verified Answers 
 
 
Period Costs - ANS Costs that are matched with the revenue of a specific time period and charged to expense as incurred. 
 
Indirect Labor - ANS Work of factory employees that has no physical association with the finished product, or it is impractical to trace the costs to the good produced. 
 
Product Costs - ANS costs that are a necessary and integral part of producing the finished product 
 
Manufacturing Overhead - ANS Ma...
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Accounting Exam 2 Review 2024 Questions with Correct Answers
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Accounting Exam 2 Review 2024 Questions with Correct Answers 
 
FIFO - Answer-First In, First Out. Rotation system that uses the oldest products first 
 
LIFO - Answer-inventory accounting in which the most recently acquired items are assumed to be the first sold; method is supposed to create the lowest ending inventory in a period of rising prices. Also create a lower taxable income, lower gross profit. 
 
Merchandising Inventory - Answer-Merchandise inventory: owned by company and in a form r...
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F307 Chapter 8: Introduction to Working Capital Management || with 100% Correct Answers.
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Working Capital Management correct answers the responsibility of treasury professional to manage firm's financial assets to ensure sufficient liquidity to meet current & future obligations in timely & cost-effective manner 
 
Cash Management correct answers another name for working capital management 
 
working capital correct answers CA - CL: cash & liquid assets that can quickly be converted to cash 
 
working capital can be obtained (increased) by? correct answers (1) collecting cash flow fr...
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ACCT 526 MIDTERM QUESTIONS AND ANSWERS 2023
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All of the following are steps outlined by the Institute of Management Accountants (IMA) for resolving ethical conflicts except: 
Select one: 
a. None of these 
b. following the policies of the organization for resolving ethical conflicts 
c. consulting an objective advisor such as an attorney 
d. bringing the matter to the attention of local news agencies 
e. presenting the matter to the audit committee, if a satisfactory resolution is not reached by all higher levels of management - Answer- d...
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CIPS L4M1 Scope and Influence of Procurement and Supply Questions and Answers Graded A+
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CIPS L4M1 Scope and Influence of 
Procurement and Supply Questions and 
 
Answers Graded A+ 
 
What is Procurement? 
Procurement is a STRATEGIC function of a business obtains something Tangible as goods or 
Intangible as services. Include Purchasing Inventory, Logistics, Supply, Waste Management 
Quality, Cost, Added Value 
What is Purchasing? 
Is the ACT of physically ordering and buying something. 
What is Supply? 
Is the INFRASTRUCTURE which ensures that products and services get from supplie...
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