MRP principles applied in the services industry can be called ______ planning.
A. service resource
B. labor requirement
C. service requirement
D. resource requirement
C. service requirement
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An equation that sums the squared output gap to the squared inflation gap, with a weight that determines the tradeoff between them is referred to as the
A. Fed's objective function. B. cost of disinflation. C. Sharpe ratio. D. Phillips equation.
Managerial accounting is not bound by generally accepted accounting principles (GAAP) but clearly is influenced by GAAP. How do budgets and the budgeting process demonstrate connections to GAAP?
What will be an ideal response?
Parentheses enclose ________________ within a paragraph
a. secondary definitions b. explanatory sentences c. exterior paragraphs d. partial citations
Bernstein Inc Bernstein Inc is a local retailer. The following selected information is available from their 2011 and 2012 financial statements: Accounts receivable at 12/31/11 $ 160,000 Accounts receivable at 12/31/12 240,000 Inventory at 12/31/11 300,000 Inventory at 12/31/12 360,000 Net credit sales for 2012 3,400,000 Cost of goods sold for 2012 1,980,000 Net income for 2012 1,000,000 Refer to
the Bernstein Inc information above. What was Bernstein's number of days sales in receivables for 2012? (round to two decimal places) A) 21.47 days B) 42.94 days C) 73.00 days D) 146.00 days