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Homework Help for Project Management

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Project Management

If a project has a net present value equal to zero, then:

(i) any delay in receiving the projected cash inflows will cause the project's NPV to be negative.

(ii) the discount rate exceeds the internal rate of return.

(iii) the project produces cash inflows that exceed the minimum required inflows.

(iv) the initial cost of the project exceeds the present value of the project's subsequent cash flows.

(v) the internal rate of return exceeds the discount rate.

Answered
16 Jan 2020
Project Management

When using a perpetual inventory system, the journal entry to record the cost of goods sold is:

A. Credit to Cost of Goods Sold

B. Credit to Accounts Payable

C. Credit to Purchase Returns

D. Credit to Inventory

Answered
30 Mar 2020
Project Management

Under the perpetual inventory system, which of the following accounts would not be used?

  1. Cost of goods sold

  2. Merchandise inventory

  3. Sales
  4. Purchases

Answered
30 Mar 2020
Project Management

Which of the following is a characteristic of a perpetual inventory system?

  1. Inventory purchases are debited to the inventory

  2. Inventory records are not kept for every item

  3. Cost of goods sold is recorded for each sale

  4. Cost of goods sold is determined as the number of purchases

Answered
2 Apr 2020
Project Management

When the perpetual inventory system is used, the inventory sold is debited to

A) Total sales 

B) Purchases

C) Purchases and return

D) Cost of merchandise sold

Answered
20 Apr 2020
Project Management

When the perpetual inventory system is used, the inventory sold is shown on the income statement as

A) Cost of merchandise sold

B) Purchases

C) Purchases and return

D) Net purchases

 

Answered
17 Apr 2020
Project Management

Under a perpetual inventory system, all purchases of merchandise are debited to the account

A. Merchandise inventory

B. Cost of merchandise sold

C. Cost of merchandise available for sale

D. Purchases

Answered
17 Apr 2020
Project Management

Which statement is true when recording the sale of goods for cash in a perpetual inventory system?

a. Only one journal entry is necessary. It will record the cost of goods sold and reduce inventory.
b.Two journal entries are necessary: one to record the receipt of cash and reduction of inventory, and one to record the cost of goods sold and sales revenue.
c. Only one journal entry is necessary. It will record the receipt of cash and sales revenue.
d. Two journal entries are necessary: one to record the receipt of cash and sales revenue, and one to record the cost of goods sold and to reduce inventory.

Answered
17 Apr 2020
Project Management

The journal entry for the purchase of inventory on the account using the perpetual inventory system is

A. Debit purchases and credit account payable

B. Credit purchases and debit account payable

C. The subtraction of merchandise inventory and account payable.

D. Credit both purchases and account payable

Answered
12 May 2020
Project Management
Which of the following is not a goal of supply chain management?
 
(i) To reduce uncertainty along the supply chain
(ii) To decrease inventory levels
(iii) To increase cycle time
(iv) To improve customer processes
(v) To improve business processes

Answered
6 Mar 2020
Project Management

one use of inventory is

(a) To ensure that item cost is maximized

(b) To tightly synchronize a firm's production with its customers' demand

(c) To tightly synchronize production and distribution processes

(d)  To provide a hedge against inflation

Answered
20 Jan 2020
Project Management

Inventory control models assume that demand for an item is

A) identical to the demand for other items

B) always independent of demand for other items

C) either independent of or dependent on the demands for other items

D) always dependent on demand for the other items

 

 

Answered
27 Jan 2020
Project Management
A supply chain ends with: 
 
Answered
5 Feb 2020
Project Management

ABC analysis divides an​ organization's on-hand inventory into three classes based upon

A) annual demand

B) the number of units on hand

C) unit price

D) annual dollar volume

Answered
27 Jan 2020
Project Management

The primary difference between a periodic and perpetual inventory system is that a periodic system

A. The reported amount of ending inventory is higher under the periodic system.

B.  The perpetual system maintains a continual record of inventory transactions, whereas the periodic system records these transactions only at the end of the period.

C.  The reported amount of sales revenue is higher under the periodic inventory system.

D.  The reported amount of cost of goods sold is higher under the perpetual inventory

 

Answered
20 May 2020
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