Which of the following is a situation in which ? (i.e., the less-than-or equal-to sign) must be used?

a. When a constraint represents the usage of available labor hours
b. When a constraint indicates thatthe manager wants to produce at least the ordered amount for a certain product
c. When a constraint indicates that the manager should not exceed the machine hours available
d. All of the above


C

Business

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a. involves the allocation of income taxes between current and future periods. b. associates tax effect with different items in the income statement. c. arises because certain revenues and expenses appear in the financial statements either before or after they are included in the income tax return. d. arises because different income statement items are taxed at different rates.

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________ is the process by which organizations adjust the supply of their services in an attempt to match demand

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Pamela is planning to sell her home decorating store to her daughter. Pamela has:

a. a greater duty to reveal problems in the business because her daughter assumes she will be honest. b. no duty to disclose hidden defects in the business. c. a lesser duty to reveal problems in the business because she has a relationship of trust with the buyer. d. a duty to report only any latent defects she knows about that her daughter should not be expected to discover herself.

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