Staples Print Shop Prints Whatever the Customer Requests

question 155

Multiple Choice

Staples print shop prints whatever the customer requests.What class of technology does it use?

• A) Downsized
• B) Unit production
• C) Mass production
• D) Continuous process
• E) Decentralized

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Definitions:

Cash

Money in the form of bills or coins; physical currency.

Check Outstanding

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer, which has been issued but not yet cashed or cleared.

Bank Reconciliation

The analysis that details the items responsible for the difference between the cash balance reported in the bank statement and the balance of the cash account in the ledger.

Debit Memo

A document issued by a vendor to a customer, recording an increase in the amount a customer owes to the vendor due to various reasons like returned goods or underbilling.