Since petty cash is concerned with such small amounts of cash, it is not necessary to document all transactions with a petty cash receipt.

Answer the following statement true (T) or false (F)


False

Business

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A comparative scaling technique in which respondents are presented with several objects simultaneously and asked to order or rank them according to some criterion is called rank order scaling

Indicate whether the statement is true or false

Business

If a business decides to reduce its prices once in a while on an unsystematic basis, it is using

A. price reduction planning. B. random discounting. C. bundle pricing. D. periodic discounting. E. penetration pricing.

Business

A deluxe model mechanical cat is made of two front leg assemblies, a body assembly, one tail, two head assemblies, and two back leg assemblies

Each head assembly has two eyes, one nose, one mouth, and 24 whiskers. Each back leg assembly has one foot, five claws, one each fibula, tibia, and femur. The cat production company runs a lot for lot system on everything except the heads, which they order in cases of 250, and the whiskers, which come in boxes of 600. Lead time for assembly and shipping is shown in the table. Use the master production schedule for mechanical cats to complete the MRP record. What is the planned order release for whiskers in week 2? Item Week 1 2 3 4 5 6 Mechanical Cat MPS Due Date 75 125 240 300 250 LT = 1 week Start Assembly Item Gross Requirements Head Assembly Scheduled receipts 70 LT = 2 weeks Projected ending Inventory Begin Inv = 88 Net Requirements Planned Receipts Planned Orders Whiskers Scheduled receipts LT = 1 week Projected ending Inventory Begin. Inv. = 230 Net Requirements Planned Receipts Planned Orders A) 18,000 B) 16,000 C) 14,000 D) 12,000

Business

According to Hoffberg and Corcoran, when salespeople engage in fire starting, they are engaging customers and driving them to commit to a solution.

Answer the following statement true (T) or false (F)

Business