Make-to-stock system
In make-to-stock system, fluctuations in sales volume are managed through which of the following?
a. Order backlog
b. Finished goods inventory
c. WIP or FG inventory
d. All of the above
e. None of the above
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Kirk Development buys on terms of 2/15, net 60 days. It does not take discounts and it typically pays on time, 60 days after the invoice date. Net purchases amount to $550,000 per year. What is the average accounts payable?
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When the dean of the college of business downsized the college from five departments to four departments, the dean primarily was performing the ____ function of management.
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