Which of the Following Is an Advantage of Pull Systems

question 8

Multiple Choice

Which of the following is an advantage of pull systems

• A) They are efficient even when schedules are missed.
• B) They minimize inventory and production costs.
• C) They forecast changes in customer demand.
• D) They reduce transportation costs.

Understand the components of the basic accounting equation and its applications.

Identify the effects of business transactions on the accounting equation.

Analyze how different transactions impact Assets, Liabilities, and Owner's Equity.

Calculate net income or net loss based on revenues and expenses.

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Definitions:

Agent

An individual or entity authorized to act on behalf of another in legal or business matters.

Holder in Due Course

A legal term for a party who has acquired a negotiable instrument in good faith and for value, affording them certain protections.

Promissory Note

A financial document in which one party promises to pay another a specific sum of money at a specified time or on demand.

Fraudulent Alteration

The illegal modification of a document or instrument in a manner that changes its legal rights or obligations, intended to deceive or defraud.