Which of the Following Is a Learning-And-Growth Measure to Study

question 72

Multiple Choice

Which of the following is a learning-and-growth measure to study the output during bottleneck situations?

• A) manufacturing cycle efficiency for key processes
• B) carrying cost of inventories
• C) number of employees trained to manage bottlenecks
• D) improve customer-response time during bottlenecks

Understand and explain the concepts of gross price and net price methods of recording credit sales, including their impact on financial statements.

Reconcile bank and book cash balances.

Explain the mechanisms for accelerating cash inflows from receivables (pledging, assigning, factoring).

Calculate the correct amount of cash to be reported as a current asset.

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Definitions:

Prepaid Asset

Expenses paid in advance for future benefits, such as insurance or rent, recognized as assets until they are utilized.

Prepaid Subscriptions

Payments made in advance for subscription-based services or products, recognized as assets until the services or products are received.

Calendar-Year

A one-year period that begins on January 1 and ends on December 31, used by businesses for accounting and tax purposes.

Adjustment

An adjustment in accounting refers to entries made in journal accounts that correct errors or account for expenditures that have not been recorded through the usual processes.