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URENT Submission & Rubric Description Choose one of the following topics and respond by Thursday at midnight. Include the title of the topic in the
URENT
Submission & Rubric Description Choose one of the following topics and respond by Thursday at midnight. Include the title of the topic in the header of the thread so that anybody can see your topic. Your first post should be somewhere between 5-8 sentences. When you prepare your post remember that a classmate will respond or remark on your post. You might consider asking a question or adding something that will help a classmate reply easily. Your response or remark to a classmate is due Sunday at midnight. This second post should contain about 3-5 sentences but may contain more if you so choose. 1. Inventory Turnaround. You work for a made to order clothing company, whose reputation is based on its fast turnaround from order to delivery. The owner of your company is considering outsourcing much of the clothing production because she thinks this will improve inventory turnover and customer satisfaction. In what way is she correct? In what way might she be wrong? 2. LIFO or Not? The use of LIFO has been debated in the accounting world. Actually, the United States is one of the few places that uses LIFO. Read this article about the LIFO inventory method http://smallbusiness.chron.com/pros-vs-cons-last-in-first-out-inventory- method-10648.html Should U.S. GAAP allow LIFO or not?
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