Review the following diagram. Which answer provides the best interpretation of the multiplicities for the association between the Purchases and Cash Disbursements classes?

A. One purchase can result in multiple payments to the supplier.
B. Each supplier must be paid for the purchases from that supplier.
C. Each check written to the supplier is for one specific purchase.
D. Disbursements are made after the purchases are recorded.


Answer: D

Business

You might also like to view...

What is a balanced scorecard? Explain its purpose.

What will be an ideal response?

Business

Merchandise inventory turnover is a profitability measure

Indicate whether the statement is true or false

Business

What are the stages in the purchase process?

a. problem recognition, information search, alternative evaluation, purchase decision, post-purchase dissonance b. problem recognition, information search, alternative evaluation, purchase decision, post-purchase evaluation c. SWOT analysis, information search, alternative evaluation, purchase decision, post-purchase evaluation d. problem recognition, information search, purchase decision, post-purchase evaluation e. problem recognition, criteria definition, information search, alternative evaluation, purchase decision, post-purchase evaluation

Business

Rayco Ski Shop purchased 500 pairs of skis from Skitron. Rayco is located in Colorado. Skitron's business is in Tennessee. The purchase order included the following term: "F.O.B. Colorado." The contract makes no mention of risk of loss or title. The contract can be described as a:

a. shipment contract. b. destination contract. c. bulk transfer. d. sale on approval.

Business