In the Excel Solver parameters window, which of the following options should be selected from the “Select a Solving Method” drop-down menu to solve an LP problem?

a. GRG Onlinear
b. Simplex LP
c. Evolutionary
d. Complex LP


b. Simplex LP

Business

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List 3 (three) main types of financial reports and briefly explain the differences of each of the types of reports.

What will be an ideal response?

Business

Which of the following is/are true regarding the Raw Materials Inventory account?

a. The Raw Materials Inventory account includes the cost of raw materials purchased but not yet transferred to the factory floor. b. The manufacturing firm records purchases of raw materials as debits to the Raw Materials Inventory account. c. When the manufacturer physically transfers raw materials to the factory floor, it also transfers the cost of the raw materials from the Raw Materials Inventory account to the Work-in-Process Inventory account. d. When the manufacturer physically transfers raw materials to the factory floor, it records this transfer as a credit to the Raw Materials Inventory account for the cost of the raw materials transferred and a debit to the Work in Process Inventory account. e. all of the above

Business

In terms of forms design, what relationship exists between the statute of limitations and forms design?

A. The type of information to be recorded on the form B. The type of paper on which the form is printed C. The equipment on which the form is processed D. The size of the form

Business

Ali declares personal bankruptcy for the first time. Three months after the bankruptcy proceedings begin Ali gets a job and he is earning $3,014 per month and he is a single. The threshold level that year for a single person is $2,014

As a result Ali A) will have to pay $1,507 per month to the trustee to be used for creditors' claims B) will have to pay $1,000 per month to the trustee to be used for creditors' claims C) will have to pay $500 per month to the trustee to be used for creditors' claims D) will be able to keep all his monthly income himself E) will only have to pay some money to the trustee for the next 6 months until he is discharged from bankruptcy

Business