Stichworte Production sales inventory

Stichworte: Production sales inventory

Which of the following costs will vary directly with the level of production Mcq?

Which of the following costs will vary directly with the level of production Mcq?

What is the most practical solution to maximizing energy production at wind farms while minimizing the risk to wildlife?

What is the most practical solution to maximizing energy production at wind farms while minimizing the risk to wildlife?

Why would foreign firms export a product at less than its cost of production?

Why would foreign firms export a product at less than its cost of production?

What is the difference between manufacturing processes and service processes?

What is the difference between manufacturing processes and service processes?

When journalizing for the estimated sales returns, there would be a debit to:

When journalizing for the estimated sales returns, there would be a debit to:

Continuous manufacturing means; products are made with constant interruption in the production line.

Continuous manufacturing means; products are made with constant interruption in the production line.

It examine sales patterns in the past in order to predict sales in the future.

It examine sales patterns in the past in order to predict sales in the future.

If the production possibility frontier is a straight line, which of the following is true?

If the production possibility frontier is a straight line, which of the following is true?

The ratio of earnings to sales for a given time period is a firms profit margin.

The ratio of earnings to sales for a given time period is a firms profit margin.

How auditors verify and examine whether there is effective internal control regarding account receivables and sales transactions?

How auditors verify and examine whether there is effective internal control regarding account receivables and sales transactions?

Which of the following refers to a reliance on a centralized government to allocate most factors of production?

Which of the following refers to a reliance on a centralized government to allocate most factors of production?

What type of society is based on the production of information and services quizlet?

What type of society is based on the production of information and services quizlet?

Junior colleges and vocational schools are a good source of sales recruits because

Junior colleges and vocational schools are a good source of sales recruits because

Which of the following ratios measures how efficiently the firm is using its assets to generate sales?

Which of the following ratios measures how efficiently the firm is using its assets to generate sales?

In what account are purchases recorded when the periodic inventory system is used?

In what account are purchases recorded when the periodic inventory system is used?

What is the name for the type of selling that is occurring when a salesperson alters sales behavior during a customer interaction to improve communication?

What is the name for the type of selling that is occurring when a salesperson alters sales behavior during a customer interaction to improve communication?

The balanced scorecard approach attempts to maintain as little inventory on hand as possible

The balanced scorecard approach attempts to maintain as little inventory on hand as possible

Manufacturers usually classify inventory into all the following general categories except:

Manufacturers usually classify inventory into all the following general categories except:

The form of e-commerce that is the largest in terms of sales dollar volume is __________ e-commerce.

The form of e-commerce that is the largest in terms of sales dollar volume is __________ e-commerce.

When standard overhead costs are charged to production during the period, ______

When standard overhead costs are charged to production during the period, ______

If less overhead is applied than was budgeted, the production volume variance is

If less overhead is applied than was budgeted, the production volume variance is

The number that should be used to evaluate production performance is the variance from the budget

The number that should be used to evaluate production performance is the variance from the budget

Which of the following statements about movie production statistics are correct?

Which of the following statements about movie production statistics are correct?

What branch of accounting is evaluation of the performance of a sales department

What branch of accounting is evaluation of the performance of a sales department

Which of the following is an advantage of using a sales force automation system?

Which of the following is an advantage of using a sales force automation system?

The goods used in the production process such as factories, machinery and equipment

The goods used in the production process such as factories, machinery and equipment

When the total revenue earned by a firm is less than the total cost of production multiple choice question?

When the total revenue earned by a firm is less than the total cost of production multiple choice question?

What type of inventory control system is typically used in a staple merchandise category?

What type of inventory control system is typically used in a staple merchandise category?

Which of the following statements about the inventory cost flow assumptions is true

Which of the following statements about the inventory cost flow assumptions is true

Identify one control that can be used to mitigate the threat of under-production.

Identify one control that can be used to mitigate the threat of under-production.

Which of the following cost of conversion cannot be included in cost of inventory

Which of the following cost of conversion cannot be included in cost of inventory

Before inventory purchases are recorded, the receiving report should be reconciled to what documents

Before inventory purchases are recorded, the receiving report should be reconciled to what documents

Which inventory method results in the highest net income during periods of rising prices

Which inventory method results in the highest net income during periods of rising prices

For which type of inventory would it be least logical to use the specific identification method?

For which type of inventory would it be least logical to use the specific identification method?

Industrialization and mass production have given rise to a culture of consumption.

Industrialization and mass production have given rise to a culture of consumption.

If less inventory is sold than manufactured absorption costing decreases net income

If less inventory is sold than manufactured absorption costing decreases net income

Which of the following best describes the purpose of trust based sales communication quizlet?

Which of the following best describes the purpose of trust based sales communication quizlet?

Which function of the management process involves setting standards such as sales quotas and production levels?

Which function of the management process involves setting standards such as sales quotas and production levels?

What are the five inputs and two outputs of an operations transformation process?

What are the five inputs and two outputs of an operations transformation process?

Which of the following will shift the production possibilities curve to the right

Which of the following will shift the production possibilities curve to the right

If the inventory cost is $18,000 and the market value is $20,000, then the company should ______.

If the inventory cost is $18,000 and the market value is $20,000, then the company should ______.

Which inventory costing methods are based on assumptions that accountants make about the flow of inventory costs?

Which inventory costing methods are based on assumptions that accountants make about the flow of inventory costs?

As inventory and ppe assets on the balance sheet are consumed, they are reflected:

As inventory and ppe assets on the balance sheet are consumed, they are reflected:

According to Littles law, which of the following can be used to estimate inventory

According to Littles law, which of the following can be used to estimate inventory

How will you evaluate the performance of sales Personal What are the criteria used for the sales force evaluation?

How will you evaluate the performance of sales Personal What are the criteria used for the sales force evaluation?

Calculate the value of the closing inventory of product B using absorption costing

Calculate the value of the closing inventory of product B using absorption costing

Sales to customers using bank credit cards, such as visa or mastercard, are recorded as:

Sales to customers using bank credit cards, such as visa or mastercard, are recorded as:

State two specific functions or jobs that should be segregated in the sales processing system

State two specific functions or jobs that should be segregated in the sales processing system

Net sales less sales returns and allowances and sales discounts equal gross sales.

Net sales less sales returns and allowances and sales discounts equal gross sales.

To find the balance due from an individual customer, the accountant would refer to

To find the balance due from an individual customer, the accountant would refer to

Generally accepted accounting principles (gaap) require that inventory be recorded at

Generally accepted accounting principles (gaap) require that inventory be recorded at

A fixed price is not essential to the creation of a binding sales contract. true or false

A fixed price is not essential to the creation of a binding sales contract. true or false

Which of the following is an example of a sales promotion group of answer choices?

Which of the following is an example of a sales promotion group of answer choices?

Under the perpetual inventory system which journal entry would indicate a purchase of merchandise

Under the perpetual inventory system which journal entry would indicate a purchase of merchandise

If ending inventory and cost of goods sold are added together, they should equal gross profit

If ending inventory and cost of goods sold are added together, they should equal gross profit

What account is debited for the acquisition of merchandise for resale in a perpetual inventory system?

What account is debited for the acquisition of merchandise for resale in a perpetual inventory system?

When inventory costs are rising, this method yields the highest cost of goods sold.

When inventory costs are rising, this method yields the highest cost of goods sold.

Is crop production and maintenance One of the eight clusters in the field of agriculture?

Is crop production and maintenance One of the eight clusters in the field of agriculture?

The higher the inventory velocity the more satisfied the companys customers will be

The higher the inventory velocity the more satisfied the companys customers will be

Under variable costing, the profit for a period is not affected by changes in inventory

Under variable costing, the profit for a period is not affected by changes in inventory

When raw materials are issued into production the raw materials account is debited?

When raw materials are issued into production the raw materials account is debited?

Sales are the individual’s learned proficiency at performing necessary sales tasks.

Sales are the individual’s learned proficiency at performing necessary sales tasks.

What is the difference between the standard cost and the actual cost of production?

What is the difference between the standard cost and the actual cost of production?

What matters most in determining the efficient distribution of production over the world is

What matters most in determining the efficient distribution of production over the world is

Which inventory costing most closely approximates current cost for ending inventory?

Which inventory costing most closely approximates current cost for ending inventory?

During a sales presentation for a participating life insurance policy, an agent MUST

During a sales presentation for a participating life insurance policy, an agent MUST

Do utility created by converting production inputs into finished products is called?

Do utility created by converting production inputs into finished products is called?

What is the most reliable way to assess pain in a patient who is cognitively intact?

What is the most reliable way to assess pain in a patient who is cognitively intact?

What is the social institution that organizes the production distribution and consumption of a societys goods and services quizlet?

What is the social institution that organizes the production distribution and consumption of a societys goods and services quizlet?

Which social institution organizes a society production distribution and consumption?

Which social institution organizes a society production distribution and consumption?

Which diagnostic test would evaluate the rate and adequacy of erythrocyte production?

Which diagnostic test would evaluate the rate and adequacy of erythrocyte production?

What is the first step a marketer should take to estimate a products potential sales?

What is the first step a marketer should take to estimate a products potential sales?

In which stage of the product life cycle The sales are the peak and further increase is not possible?

In which stage of the product life cycle The sales are the peak and further increase is not possible?

Which of the following is true if the production possibilities curve is a straight line?

Which of the following is true if the production possibilities curve is a straight line?

Which inventory account would include a product that is complete and waiting to be sold?

Which inventory account would include a product that is complete and waiting to be sold?

Dividing accounts on the basis of market type and sales volume would be an example of:

Dividing accounts on the basis of market type and sales volume would be an example of:

Which social Media Zone involves the production and issuance of content for distribution?

Which social Media Zone involves the production and issuance of content for distribution?

During which stage of the sales life cycle of a product do sales continue to increase?

During which stage of the sales life cycle of a product do sales continue to increase?

What is a product-by-value analysis and what type of decisions does it help managers make

What is a product-by-value analysis and what type of decisions does it help managers make

Which of the following is a difference between solicited and unsolicited sales messages?

Which of the following is a difference between solicited and unsolicited sales messages?

Logistics is the work required to move and position inventory throughout a supply chain

Logistics is the work required to move and position inventory throughout a supply chain

Which of the following provides the best example of a person generating an externality?

Which of the following provides the best example of a person generating an externality?

Which system is able to create purchase orders manage inventory and forecast future inventory needs?

Which system is able to create purchase orders manage inventory and forecast future inventory needs?

When a country has a comparative advantage in the production of a good, it means that it can produce

When a country has a comparative advantage in the production of a good, it means that it can produce

What are the three costs that are added to Work in Process accounts of a manufacturing company?

What are the three costs that are added to Work in Process accounts of a manufacturing company?

What is the correct order of adjustments that are made in the sales comparison approach?

What is the correct order of adjustments that are made in the sales comparison approach?

Which information would not be needed to determine inventory based on the retail method?

Which information would not be needed to determine inventory based on the retail method?

At which stage of the organizational buying decision process would purchasing and engineering personnel visit potential suppliers to assess their production capacity?

At which stage of the organizational buying decision process would purchasing and engineering personnel visit potential suppliers to assess their production capacity?

The marketing strategy to increase sales of current product in existing markets is referred to as

The marketing strategy to increase sales of current product in existing markets is referred to as

What is the social institution that organizes the production distribution and consumption?

What is the social institution that organizes the production distribution and consumption?

Is the set of institutions that a product passes through from production through end consumption?

Is the set of institutions that a product passes through from production through end consumption?

Which function of a firm is concerned with the design of products and production processes

Which function of a firm is concerned with the design of products and production processes

______ resource prices raise production costs and, assuming a fixed product price, ______ profits.

resource prices raise production costs and, assuming a fixed product price, profits.

Who said entrepreneurship is the finding and promoting new combinations of productive factors?

Who said entrepreneurship is the finding and promoting new combinations of productive factors?

What is a disadvantage associated with a sales force consisting of expatriate salespeople?

What is a disadvantage associated with a sales force consisting of expatriate salespeople?

The level of inventory of a manufactured product has increased by 5,000 units during a period

The level of inventory of a manufactured product has increased by 5,000 units during a period

What entails in determining the placement of departments work groups within the department Worksstations machines and stock holding points within a production facility?

What entails in determining the placement of departments work groups within the department Worksstations machines and stock holding points within a production facility?

Which of the following basic types of production layout formats is one in which equipment or work processes are?

Which of the following basic types of production layout formats is one in which equipment or work processes are?

When the use of one of the factors of production is limited either in increasing cost or by quantity?

When the use of one of the factors of production is limited either in increasing cost or by quantity?

What are the three inventory accounts used to record manufacturing cost in what order are these accounts used?

What are the three inventory accounts used to record manufacturing cost in what order are these accounts used?