1. Inventory system in which goods are manufactured or purchased just as they are needed for sale. 2. A method of allocating overhead based on each product's use of activities in making the product. 3. Systems that are especially important to firms adopting just-in-time inventory methods. 4. Provides guidelines for companies to describe their sustainable business practices to external parties. 5. Part of the value chain for a manufacturing company. 6. The U. S. economy is trending toward this. 7. A performance-measurement approach that uses both financial and nonfinancial measures, tied to company objectives, to evaluate a company's operations in an integrated fashion. 8. Requires that top managers certify that the company maintains an adequate system of internal controls. Terms: a. Activity-based costing b. Balanced scorecard c. Total quality management (TQM) d. Research and development, and product design e. Service industries f. Just-in-time (JIT) inventory g. Sarbanes-Oxley Act (SOX) h. Global Reporting Initiative

When is going to be why would you put money into saving account

What is the advantage of developing criteria for assessing the effectiveness of business products and processes? a. assessment criteria are answers. b.assessment criteria are inexpensive. c.assessment criteria provide you with a list of relevant things to measure. d.assessment criteria provide you with a list of people to contact to learn more about process mentoring.

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?