Inventory
This system keeps a running balance of stock on hand
What is perpetual inventory?
These costs to employers are actually this to employees.
What are benefits?
This form of inventory valuation will most likely be used if a company wants to sell their oldest inventory first.
What is FIFO (First In First Out)?
Social Security tax and Medicare tax are the two components of this tax.
What is FICA?
Name two of the four AHS Core Values
What are: Character, Curiosity, Commitment, Community
This is the minimum stock level at which an order must be placed.
What is reorder point?
Federal law requires these benefits to be paid by the employer.
What is FICA tax?
Or
What is Unemployment Tax?
This type of inventory is a necessary data point when calculating LIFO and Weighted Average values for inventory.
What is beginning inventory?
These two charges are what makes credit card cash advances so expensive.
What are daily interest and cash advance fees?
The name of the restaurant in the Career and Technical Education Center (CTE).
What is the Barnyard Cafe?
This is the additional stock that a company orders to help ensure that they don't run out.
What is safety stock?
The term COLA is an acronym for this.
What is Cost Of Living Adjustment?
This form of inventory valuation will most likely be used if a company wantsto use the average price of their inventory
What is the Weighted Average Method?
A bank or credit union will charge you a penalty for closing this account early.
What is a Certificate of Deposit (CD)?
The Alvirne High School mascot is this animal.
What is the Bronco?
This is the amount of time that it takes for an order to get to a company's warehouse.
What is lead time?
Receiving this type of pay means that an employee gets part of the profit earned by a company.
What is profit sharing?
These are the three forms of inventory valuation methods.
What are FIFO, LIFO and Weighted Average Methods?
Weight per one hundred pounds.
What is cwt?
The milk from the cows at Alvirne High School is sold to this New England company.
What is Cabot Creamery?
This word is often used interchangeably with the word stock.
What is inventory?
This type of pay is given to an employee who makes a significant contribution to the success of the company.
What is a bonus?
This form of inventory valuation will most likely be used if a company wants to sell their newest inventory first.
What is LIFO (Last In First Out)?
Financial planners recommend that you budget this amount of your pay to a savings account.
What is ten percent?
Seniors are planning to add this to their Memorial Day weekend.
What is Senior Skip Day (SSD)?