Which of the basic financial statements is used to explain changes in the owner's equity that are NOT explained by the income statement?

A) Balance sheet
B) Statement of shareholders' equity
C) Income statement
D) Cash flow statement

B

Business

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Which of the following increases under just-in-time (JIT) inventory system?

A. Amount of working capital for inventory B. Inventory turnover C. Number of defective parts D. Inventory holding costs E. Storage costs

Business

________ is a category of statistical techniques that uses historical data to predict future behavior

A) Qualitative methods B) Regression C) Time series D) Quantitative methods

Business