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What type of businesses are likely to choose one system as against the other in the inventory system?
Wiki User
∙ 9y ago
The system of naloge
Wiki User
∙ 9y ago
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Which businesses are likely to have the shortest operating cycle?
i think food store
Do most non profit businesses offer products or services?
Most non profit based businesses are service oriented as they are not likely to incur losses this way. Product based businesses tend to cost more and that is why non profit models may not work.
When is a company likely to choose related diversification and unrelated diversification?
Hell to the prof
What type of business organizations is most likely to exist after the death of the founder?
they are soletrader businesses which involes in unlimited liabilites and it involes in only one person when the founder dies the business also declines.
What is a business that sells raincoats?
A retail store would sell raincoats. An example of a chain store that sells raincoats would be Burlington Coat Factory. Really, though, any department store that sells coats would likely have at least a few raincoats in its inventory.
Inventory method that least likely mimics actual physical flow of inventory?
FIFO method where the older items are sold first.
What is the inventory system in accounting?
Inventory system is more likely recorded in the Balance Sheet section in accounting. It will not be at the Profit and Loss section.
Using your knowledge of Greek roots choose the word that most likely means a method of working against the effects of a poisonous substance?
antidote =]
An auditor selected an inventory item on the warehouse floor test counted it and traced the count to the final inventory compliation The auditor most likely was testing the?
The Auditor was maybe testing the warehouse inventory counts and who maybe in control on the inventory control
Which type of organization would most likely have work-in-process inventory?
manufactoring
Which type of organization would most likely have work in process inventory?
A manufacturing company
Which type of organization would most likely have work-in process inventory?
A manufacturing company
What companies would be more likely to use the specific identification inventory costing method?
walmart
Which businesses are likely to have the shortest operating cycle?
i think food store
If there is a fall in the interest rate?
businesses will be more likely to expand their facilities
If there is a fall in the interest rate, _____.?
businesses will be more likely to expand their facilities
How does Inventory contribute to company Profit?
Inventory is a balance sheet item. Costs added to inventory stay in inventory until the items are sold. There are many different ways to allocate these costs, at the discretion of the company. When items are sold, an allocation representing these items is moved from inventory to cost of sales (a.k.a. costs of goods sold) which becomes a cost for the period, match against an allocation of revenues for the period, which gives a figure for gross profit. Watch for trends in inventory from period to period, allowing for seasonality, and the gross margin (gross profit as a percent of revenues). The biggest thing to watch for is an unwarranted increase in inventory, which could indicate obsolescence, poor planning, or high returns. If inventories are too high, they are likely eventually to be written off.
