Parent Item A requires two units of Item B and three units of Item C. Upon production of 500 units of Item A, it was calculated that 1,000 units of Item B were used in the production process. This an example of ______.
a. pegging capability
b. where-used analysis
c. netting analysis
d. backflushing
d. backflushing
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All linear programming problems should have a unique solution, if they can be solved
a. True b. False Indicate whether the statement is true or false
Which one of the following statements is true if a company's collection period for accounts receivable is unacceptably long?
A. The collection cost would be reduced. B. The company may offer sales discounts to shorten the collection period. C. Cash flows from operations may be higher than expected for the company's sales. D. The company should expand operations with its excess cash.
What is the primary difference between a static budget and a flexible budget?
a) The static budget is prepared only for units produced, while a flexible budget reflects the number of units sold. b) The static budget contains only fixed costs, while the flexible budget contains only variable costs. c) The static budget is constructed using input from only upper level management, while a flexible budget obtains input from all levels of management. d) The static budget is prepared for a single level of activity, while a flexible budget is adjusted for different activity levels.
Venture character and reputation can be assets or liabilities
Indicate whether the statement is true or false