A fictitious supply source created to arrive at a balanced transportation problem (i.e., total demand = total supply) is called ______.

A. dummy supply destination
B. dummy demand destination
C. dummy supply source
D. fictitious supply source


C. dummy supply source

Business

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In the context of family life cycle segmentation, which of the following statements is true?

A. Young divorced couples without children have the lowest purchase rate. B. Middle-aged married couples with or without children have high average purchase of durables. C. Young married couples with children have high liquid assets. D. Middle-aged divorced couples without dependent children are least satisfied with their financial position.

Business

Massive Equipment Company and Wastewater Management Corporation agree in writing to submit a dispute to arbitration. In most circumstances, submission to arbitration is possible

A. for any commercial matter. B. for no commercial matter. C. only after a dispute arises. D. only before a dispute arises.

Business

Financial Innovations, Inc., issues bonds, which are also known as

A. cumulative investments. B. debt securities. C. equity securities. D. preferred stock.

Business

Under Pierre Company's job-order costing system, manufacturing overhead is applied to Work in Process inventory using a predetermined overhead rate. During January, Pierre's transactions included the following:    Direct materials issued to production$90,000 Indirect materials issued to production$8,000 Manufacturing overhead cost incurred$125,000 Manufacturing overhead cost applied$113,000 Direct labor cost incurred$107,000 Pierre Company had no beginning or ending inventories. What was the cost of goods manufactured for January? (CMA adapted)

A. $310,000. B. $302,000. C. $322,000. D. $330,000.

Business