Stichworte debits finished goods

Stichworte: debits finished goods

What is the process of making a raw material into a finished product quizlet?

What is the process of making a raw material into a finished product quizlet?

In a(n) ??? ???, goods and services are produced the way they have always been produced.

In a(n) ??? ???, goods and services are produced the way they have always been produced.

What is a highly coordinated activity that delivers goods and/or services when they are needed?

What is a highly coordinated activity that delivers goods and/or services when they are needed?

Which theory explains that a country can produce goods at cost efficient cost?

Which theory explains that a country can produce goods at cost efficient cost?

When individuals come together to buy and sell goods and services they form a?

When individuals come together to buy and sell goods and services they form a?

Is the management of system or processes that create goods or provide services?

Is the management of system or processes that create goods or provide services?

What concept represents the number of goods and services available for consumption at different prices?

What concept represents the number of goods and services available for consumption at different prices?

Which of the following is the most significant factor affecting the international market for industrial goods and services?

Which of the following is the most significant factor affecting the international market for industrial goods and services?

When a society is producing the mix of goods that the society wants to consume it is said to have?

When a society is producing the mix of goods that the society wants to consume it is said to have?

Is an organizational approach involving all employees to satisfy customers by continually improving goods and services?

Is an organizational approach involving all employees to satisfy customers by continually improving goods and services?

Companies that sell goods to consumers online are engaging in transactions quizlet

Companies that sell goods to consumers online are engaging in transactions quizlet

The increase in the overall price level of goods and services produced in an economy.

The increase in the overall price level of goods and services produced in an economy.

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

Which theory suggests that a country should produce and export those goods and services for which it is relatively?

Which theory suggests that a country should produce and export those goods and services for which it is relatively?

A journal entry that debits Finished goods and credits Work in process records the

A journal entry that debits Finished goods and credits Work in process records the

When higher volumes of more standardized goods or services are needed repetitive processing is used and the standardization process is generally high?

When higher volumes of more standardized goods or services are needed repetitive processing is used and the standardization process is generally high?

How substitute and complementary of goods influence demand of a consumer explain?

How substitute and complementary of goods influence demand of a consumer explain?

Which of the following items is not used when calculating the cost of goods manufactured?

Which of the following items is not used when calculating the cost of goods manufactured?

Which U.S. government agency controls most goods exported from the United States?

Which U.S. government agency controls most goods exported from the United States?

When the goods are sold their costs are transferred from work in process to finished goods True or false?

When the goods are sold their costs are transferred from work in process to finished goods True or false?

1&2 Prepare a statement of cost of goods manufactured and calculate cost of goods sold

1&2 Prepare a statement of cost of goods manufactured and calculate cost of goods sold

When goods and services are sold on the Internet the approach to marketing is known as?

When goods and services are sold on the Internet the approach to marketing is known as?

With respect to goods and services control has transferred to the customer if the customer

With respect to goods and services control has transferred to the customer if the customer

Societies characterized by a reliance on mechanized labor to create material goods

Societies characterized by a reliance on mechanized labor to create material goods

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

When goods are shipped fob destination and the seller pays the freight charges, the buyer

When goods are shipped fob destination and the seller pays the freight charges, the buyer

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.

Operating expenses are classified into two categories: selling expenses and cost of goods sold.

Operating expenses are classified into two categories: selling expenses and cost of goods sold.

What is the process of managing the flow of goods from the source of supply to customers through efficient movement of logistics?

What is the process of managing the flow of goods from the source of supply to customers through efficient movement of logistics?

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?

When increase in the price of one good causes an increase in demand for the other the goods are?

When increase in the price of one good causes an increase in demand for the other the goods are?

What is an organization that seeks profit by providing goods or services to others?

What is an organization that seeks profit by providing goods or services to others?

Which factors are considered when deciding how to make goods and services? choose three answers.

Which factors are considered when deciding how to make goods and services? choose three answers.

What provide the resources needed by the company to produce its goods and services?

What provide the resources needed by the company to produce its goods and services?

Because the united states imports more goods than it exports, it operates under a(n)

Because the united states imports more goods than it exports, it operates under a(n)

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 are digital goods and how does the Internet impact the market for digital goods

What are digital goods and how does the Internet impact the market for digital goods

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?

Help companies stock and move goods from their points of origin to their destinations

Help companies stock and move goods from their points of origin to their destinations

Explain the effect of a rise in the price of related goods on the demand for a good X

Explain the effect of a rise in the price of related goods on the demand for a good X

What kind of goods are X and Y if a rise in the price of X increases the demand for Y?

What kind of goods are X and Y if a rise in the price of X increases the demand for Y?

What makes the search for shopping goods different from the search for specialty goods?

What makes the search for shopping goods different from the search for specialty goods?

Is the paid presentation and promotion of ideas goods, or services by an identified sponsor in a mass medium?

Is the paid presentation and promotion of ideas goods, or services by an identified sponsor in a mass medium?

Which management focuses on the transformation process of input and raw materials into finished products?

Which management focuses on the transformation process of input and raw materials into finished products?

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?

Refers to the degree to which goods and services conform to the intent of the designers.

Refers to the degree to which goods and services conform to the intent of the designers.

What is the amount for the sale of goods to be in writing under the NJ statute of frauds?

What is the amount for the sale of goods to be in writing under the NJ statute of frauds?

What goods are similar in quality but different enough in price to justify shopping comparisons

What goods are similar in quality but different enough in price to justify shopping comparisons

What is the term used for the bundle of goods and services that are provided in some environment by every service operation quizlet?

What is the term used for the bundle of goods and services that are provided in some environment by every service operation quizlet?

What type of retailer is a superstore that dominates a market with narrow but deep assortment of goods?

What type of retailer is a superstore that dominates a market with narrow but deep assortment of goods?

Is the exchange of capital goods and services across international borders or territories and involve the activities of the government and individual?

Is the exchange of capital goods and services across international borders or territories and involve the activities of the government and individual?

Which inventory costing method most closely approximates current cost for cost of goods sold?

Which inventory costing method most closely approximates current cost for cost of goods sold?

For the receiving department, transferred in goods are added at the __________ of the process.

For the receiving department, transferred in goods are added at the __________ of the process.

What term is used to refer to the cost that are indirectly associated with the manufacture of the finished product?

What term is used to refer to the cost that are indirectly associated with the manufacture of the finished product?

Cost of goods manufactured is to a manufacturing enterprise as is to a merchandising enterprise

Cost of goods manufactured is to a manufacturing enterprise as is to a merchandising enterprise

Which of the following is defined as the flow of goods and services among different countries?

Which of the following is defined as the flow of goods and services among different countries?

The amount of goods for resale to be acquired from suppliers during the period is shown on the

The amount of goods for resale to be acquired from suppliers during the period is shown on the

Goods appeal to consumers who are willing to make an extra shopping effort to acquire them.

Goods appeal to consumers who are willing to make an extra shopping effort to acquire them.

How a particular society distributes its resources to produce goods and services describes a n system?

How a particular society distributes its resources to produce goods and services describes a n system?

A consumer consumes good x explain the effect of fall in prices of related goods on the demand of X

A consumer consumes good x explain the effect of fall in prices of related goods on the demand of X

What is the rate at which goods and services are produced based upon total output given total inputs?

What is the rate at which goods and services are produced based upon total output given total inputs?

Which type of crime involves a business operation that supplies illegal goods and services?

Which type of crime involves a business operation that supplies illegal goods and services?

Is the process of getting the right product in to a facility at the right time and place plus the amount of goods at the right price?

Is the process of getting the right product in to a facility at the right time and place plus the amount of goods at the right price?

Which of these describes individuals that want goods and services for personal consumption and have the resources to buy them quizlet?

Which of these describes individuals that want goods and services for personal consumption and have the resources to buy them quizlet?

Which of the following describes individuals that want goods and services for personal consumption and have the resources to buy them group of answer choices?

Which of the following describes individuals that want goods and services for personal consumption and have the resources to buy them group of answer choices?

Which refers to the number of goods that producers are willing and able to sell at different prices?

Which refers to the number of goods that producers are willing and able to sell at different prices?

What term refers to the amount of goods that a person wishes and able to buy at a given price and instance?

What term refers to the amount of goods that a person wishes and able to buy at a given price and instance?

What do you call the organization that help other organizations sell their goods or services to customers?

What do you call the organization that help other organizations sell their goods or services to customers?

Uncontrolled causes of the escalated price of exported goods confine the sale of a product to _____.

Uncontrolled causes of the escalated price of exported goods confine the sale of a product to _____.

Which of the following is the time by which an activity can be finished without delaying the completion of the project?

Which of the following is the time by which an activity can be finished without delaying the completion of the project?

Which of the following transactions refers to the sale of goods or services produced by a company based in one country to customers that reside in a different country?

Which of the following transactions refers to the sale of goods or services produced by a company based in one country to customers that reside in a different country?

What can be said about goods x and y if the cross-price elasticity between x and y is negative?

What can be said about goods x and y if the cross-price elasticity between x and y is negative?

The concept of demand that deals with the relationship between price and quantity demanded is called

The concept of demand that deals with the relationship between price and quantity demanded is called

Which term refers to all the activities involved in making products goods and services for customers *?

Which term refers to all the activities involved in making products goods and services for customers *?

When the price of the substitute commodity rises what happens to the supply of good in question?

When the price of the substitute commodity rises what happens to the supply of good in question?

When an increase in the price of one good decreases your demand for another good we call the goods?

When an increase in the price of one good decreases your demand for another good we call the goods?

What happens to the demand curve when there is increase in the price of complementary good explain diagrammatically?

What happens to the demand curve when there is increase in the price of complementary good explain diagrammatically?

What happens to the demand for a complementary goods of a commodity when the price of the commodity rises?

What happens to the demand for a complementary goods of a commodity when the price of the commodity rises?

When the increase in the price of one good causes the demand for another good to decrease the goods are quizlet?

When the increase in the price of one good causes the demand for another good to decrease the goods are quizlet?

When the decrease in the price of one good causes the demand for another good to decrease the goods are?

When the decrease in the price of one good causes the demand for another good to decrease the goods are?

When the price of good X increases the demand for good Y falls explain what this relationship implies about the two goods?

When the price of good X increases the demand for good Y falls explain what this relationship implies about the two goods?

When a rise in income increases the demand for a good (the normal case) it is a ___________.

When a rise in income increases the demand for a good (the normal case) it is a ___________.

Which of following actor of the microenvironment provides the resources needed by the company to produce its goods and services?

Which of following actor of the microenvironment provides the resources needed by the company to produce its goods and services?

How did the British Parliament respond to the colonists opposition to the Stamp Act and boycott of English goods?

How did the British Parliament respond to the colonists opposition to the Stamp Act and boycott of English goods?

If the cross-price elasticity of demand between two goods is positive, then the pair must be ______.

If the cross-price elasticity of demand between two goods is positive, then the pair must be ______.

When consumers decrease their purchases of good as their income rises the good is known as an good?

When consumers decrease their purchases of good as their income rises the good is known as an good?

How does change in the price of related goods affect the demand of the given goods use diagram?

How does change in the price of related goods affect the demand of the given goods use diagram?

A decrease in the price of a complementary good will cause its complement equilibrium price to

A decrease in the price of a complementary good will cause its complement equilibrium price to

If butter and margarine are substitute goods, an increase in the price of butter is most likely to

If butter and margarine are substitute goods, an increase in the price of butter is most likely to

Is any activity that seeks to make a profit by satisfying needs through selling goods or services and generating revenue?

Is any activity that seeks to make a profit by satisfying needs through selling goods or services and generating revenue?

When two goods are complementary goods a change in the price of one will cause a change in the demand for the other in the?

When two goods are complementary goods a change in the price of one will cause a change in the demand for the other in the?

When two products are complements the price of one good and the demand for the other good are directly related?

When two products are complements the price of one good and the demand for the other good are directly related?

What are the goods called when an increase in the price of one leads to an increase in the quantity demanded of the other?

What are the goods called when an increase in the price of one leads to an increase in the quantity demanded of the other?

Giffen goods are special types of products for which the traditional law of demand does not apply

Giffen goods are special types of products for which the traditional law of demand does not apply

What is the quantity of goods and services a business is willing to sell at a specific price and a specific time?

What is the quantity of goods and services a business is willing to sell at a specific price and a specific time?

Which of the following is not an exception to the Statute of Frauds requirement that contracts involving the sale of goods for $500 or more be in writing?

Which of the following is not an exception to the Statute of Frauds requirement that contracts involving the sale of goods for $500 or more be in writing?

Which of the following is an organizational structure comprising of all the departments that an organization requires to produce its goods or services?

Which of the following is an organizational structure comprising of all the departments that an organization requires to produce its goods or services?

What is the process by which managers decide how do you divide into specific tasks the jobs that have to be performed to provide customers with goods and services?

What is the process by which managers decide how do you divide into specific tasks the jobs that have to be performed to provide customers with goods and services?

Which of the following refers to the part of a business organization that is responsible for producing goods or services?

Which of the following refers to the part of a business organization that is responsible for producing goods or services?

Is the study of how individuals groups and organizations select buy use and dispose of goods, services?

Is the study of how individuals groups and organizations select buy use and dispose of goods, services?