Unit 5 - Business Accounting

What determines a company's use of the specific identification method of costing? A : when the company purchases a large number of low-unit-cost items B : when the company sells large numbers of low-unit-cost items C : when the company sells a limited number of high-unit-cost items D : when the physical flow of units cannot be determined - answer-C ________ is located on the balance sheet as a current asset immediately below receivables. A : Cost Of Goods Sold B : Gross Profit ...

Indemnify - answers-To restore a party who has sustained a loss to the same financial position that party held before the loss occurred. Third-party administrator (TPA) - answers-An organization that provides administrative services associated with risk financing and insurance. Claims representative - answers-A person responsible for investigating, evaluating, and settling claims. Public adjuster - answers-An outside organization or person hired by an insured to represent the insured in...

SCMN 3720 Test 3-Strickland Latest Version Graded A+ 3PL 3rd party logistics. anything that you can outsource 5 Categories of 3PL's 1. Transportation Based 2. Distribution Based 3. Forwarder Based 4. Financial Based 5. Information Based Transportation Based business origin in freight movement -Move freight, manage transportation operations, operate fulfillment centers, develop logistics solutions Distribution Based Business origin in the public or contract warehousing -Foc...

Civil Service Practice Exam 207 Questions with Verified Answers An item in the budget to correct a service deficiency is called a _________; a budget request to improve working conditions is a ___________. - CORRECT ANSWER Service betterment; service betterment (Budget) When a vacancy is to be filled in Department X, the list which would be most appropriately certified THIRD is the: - CORRECT ANSWER General reserve list (Personnel) Once the final budget has been submitted to the Counc...

Practice Exam 8 Key 1. Which of the following types of cells are responsible for providing skin color? A. Fibroblasts B. Mast cells C. Histocytes D. Melanocytes E. Squamous cells - D 2. Patients who are older or disabled and cannot afford their medical bills in excess of Medicare payments are most likely to qualify for which of the following? A. Medicaid B. Medicare Fee-for-Service Plan C. Medicare Managed Care Plan D. Medigap - A 3. The prefix peri- indicates which of t...

Strategy - The coordinated set of actions that its managers take in order to outperform the company's competitors and achieve superior profitability. Competitive Advantage - Advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and service that justifies higher prices Strategic Advantage - Refers to those marketplace benefits that exert a decisive influence on an organization's likelihood of future success. ...

Strategy - Answer-Set of action's that a company's managers take to outperform the company's competitors and achieve superior profitability-- competitive initiatives and business approaches Business Model - Answer-How the firm will make money: customer value proposition & profit formula Customer Value Proposition - Answer-Satisfying buyer wants and needs at a price that customers will consider a good value Customer Value Proposition is most attractive when value provided (V) is - Answer-...

Which of the following organizations is most likely to use project financing? - correct answer A large public utility involved in infrastructure development After an extensive recruitment process to select well-qualified individuals, a large percent ofa company's new hires resigned within the first month of the job. Which of the following is the most likely explanation for this situation? - correct answer The training process to prepare the new hires for their assigned tasks was inadequate....

Accounting: What costs should be considered when making non-routine decisions? (3) - correct answer The price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? - correct answer Product Cost per Unit Accounting: What is a general explanation of what the contribution margin is? - correct answer The difference between variable costs subtracted from sales Accounting: In a continuous budget plan how many months are general...

USB port - Explanation: Internal USB 2 connections are made via 9-pin headers, which accept up to two 4-pin port connections while the 9th pin is to orient the cable correctly. - correct answer A new computer experiences a malfunction with a touch input device. A support engineer disassembles the computer to diagnose the problem. While troubleshooting, which component would the technician find as a 9-pin header on the motherboard x1 x8 Explanation: Each PCIe adapter card supports a ...