Great Lakes Barge and Baggage Company makes, among other things, battery-operated bilge pumps. Which of the following activities is not part of JIT? They

A) communicate their schedules to suppliers.
B) produce in long production runs to reduce the impact of setup costs.
C) use a pull system to move inventory.
D) continuously work on reducing setup time.
E) produce in small lots.

The allowance method that assumes a given percent of a company's credit sales for the period is uncollectible is:

A) The percent of sales method.
B) The percent of accounts receivable method.
C) The aging of accounts receivable method.
D) Direct write-off method.
E) Factoring method.

Dense Company's income statement showed revenues of $275000 and operating expenses of $135000. Accounts receivable decreased by $40000 and accounts payable increased by $35000 during the year.
Instructions
Compute (a) cash receipts from customers and (b) cash payments for operating expenses using the direct method.

The markup over cost under the absorption costing approach would decrease if the required rate of return increases, holding everything else constant.

In 2005 the Supreme Court ruled that the federal sentencing guidelines were not mandatory but should serve only as recommendations judges should use in their decisions.​

Which of the following measures would not help managers to control and improve operations?

A) units produced per time period
B) cost trends of a product
C) yield trends
D) commissions paid per time period