What is the process where a business takes raw materials and processes them or converts them into a finished product for its goods or services?

Answers

Answer 1

Answer:

Material processing

Explanation:

Materials processing can be said to the series of operations that transforms industrial materials from a raw-material state into finished parts or products.

Related Questions

Using the percentageminusofminussales method, the estimated total uncollectible accounts are $ 6,622. The Allowance for Uncollectible Accounts prior to adjustment has a debit balance of $ 2,635. The Accounts Receivable balance is $ 44,720. The amount of the adjusting entry for UncollectibleminusAccounts Expense is:
A survey of schoolchildren aged 7-8 years in a rural district aims to estimate the prevalence of malaria. A previous study found the prevalence of malaria to be 40%. What should be the size of the sample of schoolchildren to give a 95% chance of observing the prevalence rate to within 5% of the true value?
You love peanut butter. You hear on the news that 50 percent of the peanut crop in the South has been wiped out by drought, and that this will cause the price of peanuts to double by the end of the year. As a result,a. your demand for peanut butter will increase, but not until the end of the year.b. your demand for peanut butter increases today.c. your demand for peanut butter decreases as you look for a substitute good.d. your demand for peanut butter shifts left today.
6. To find out as much as you can about the market for your potential business, be sure to talk to: A. potential employees. B. anyone who may compete with you locally. C. potential customers. D. the local bookstore owner.
A communist country decides to give its people more economic freedom in an attempt to improve its failing economy. What outcome is the government most likely worried about in this case?A.)People will want to leave the country. B.)People will want more political freedom. C.)People will want to spend more for necessary items. D.)People will want to move to rural areas.

A firm with $900,000 in sales, cash on hand of $1,150,000, liabilities of $400,000 and total assets of $2 million has a total asset turnover of ______ times.

Answers

Answer:

0.45

Explanation:

Total Asset turnover is the relationship between the total asset and the total sales. It measure the turnover generated by assets and shows how fully a company is utilizing its assets.

It is calculated as Net Sales / Average Total asset.

Average total asset is calculated as Asset at Beginning + Asset at closing / 2

Applying the formula

The total sales = $900,000 while the total asset is $2, 000,000

$900,000/$2,000,000 = 0.45

Note: The beginning and closing Asset were not given so $2,000,000 is regarded to as the average asset.

A good ________ for a business research project includes a work schedule, research strategy, and statement of the problem.

Answers

Answer: Work plan

Explanation:

A work plan is a step by step procedure used by an individual/organization to enable them effectively achieve their objectives.

A business research project is an extensive study done on a business, to obtain ways of improving the business and increasing sales.

For a business research project to be effectively conducted, a work plan that outlines steps to be taken should be created and strictly followed.

Liz refuses her employer's request to falsify the contents of a report to the Equal Employment Opportunity Commission (EEOC). The employer subsequently discharges Liz for not following orders. Identify the exception to the employment-at-will doctrine that Liz is likely to choose when she files a wrongful discharge suit. A. equal employment
B. affirmative action
C. reverse discrimination
D. implied contract
E. public policy

Answers

Answer: (E) Public policy

Explanation:

The public policy is the term which is used to define the various types of law systems and evaluating the regulatory measures taken by the government and any representative.

The importance pf the public policy is that it helps in solving the various types of issues or problems more effectively and the policies are developed for typically resolve the issue of the public.

According to the given question, Liz is basically choosing the public policy for avoiding all the wrongful discharge in an organization. Therefore, Option (E) is correct answer.

According to the Truth in Lending Act, which of the following is the bank NOT obligated to inform you of? A.APY B.Interest calculating method C.APR D.Annual fee amount

Answers

According to the truth in lending, Act bank is not obliged to inform about methods of calculating Interest, thus the correct answer is B.

What is a bank?

The bank is referred to as a financial institution that helps in depositing and borrowing funds with the purpose of investment and future saving. They help individuals to manage their wealth by offering various plans and schemes.

Truth in Lending Act safeguards from credit invoicing and unfair practices related to a credit card. it also provides information on loan costs to the lender. It encourages consumer to compare loans and credit cards from other companies.

Therefore, option B calculating the interest method is the appropriate answer.

Learn more about banks, here:

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According to the Truth in Lending Act, which of the following is the bank NOT obligated to inform you of?

Answer: Out of all the options presented above the one that represents what banks are not obligated to inform you of is answer choice B) Interest calculating method. The reason being that the TILA does not tell financial institutions how much interest they may charge or whether they must grant a consumer a loan.

I hope it helps, Regards.

Parents can reduce their taxes by:A. filing a joint return.
B. decreasing the number of exemptions claim.
C. using a child-care tax credit.
D. ignoring the standard deduction Reset Selection
Mark for Review What's This?

Answers

Parents can reduce their taxes by using a child care tax credit. The government gives parents tax credit for each child that they have. Unlike tax deduction and exemption, tax credit can be able to reduce more in the parents’ tax bill. Tax deduction just tries to lower the taxable income and not a reduction in other areas.

The _______________ for products includes not only distribution channels but also the string of suppliers who deliver products to the producers.

Answers

Distribution & Pricing,Distribution,Boosting Volume,Consumer, And
Pricing Perceptions.
This uses psychology to influence sales. One example is odd pricing, which refers to ending prices in numbers below even dollars and cents.

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