JCH Company Conducts Business in the Lumber and Building Products

question 24

Multiple Choice

JCH Company conducts business in the lumber and building products industry.Last week, JCH purchased 50 railcars of lumber from a mill in Oregon and sold all 50 to a Home Depot store in North Carolina.In this instance, JCH Company would most likely be classified as a:

• A)Manufacturer.
• B)Retailer.
• C)Warehouse.
• D)Wholesaler.

Define what a Subject Matter Expert (SME) is and their role in usability testing.

Recognize various categories of usability problems.

Understand the concept and importance of prototypes in usability testing.

Distinguish between various types of usability evaluation methods and data.

---

Definitions:

LIFO

Last In, First Out, an inventory valuation method where the most recently produced items are recorded as sold first.

FIFO

An accounting method where the first items placed in inventory are the first sold or used.

Inventories

Quantities of goods in stock that are held by a business for the purpose of sale or production.

Retrospective Adjustment

An accounting practice where prior period financial statements are adjusted to reflect changes in accounting policies or correction of errors as if the new policy had always been applied.