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crimeas [40]
3 years ago
15

Match the terms in the left column with their appropriate definition in the right column. Definitions Terms 1. Economic order qu

antity (EOQ) 2. Materials requirements planning (MRP) a. A document that creates a legal obligation to buy and pay for goods or services b. The method used to maintain the cash balance in the petty cash account
Business
1 answer:
Serhud [2]3 years ago
6 0

Answer:  The terms provided do not match the definitions provided. the answer to the question is 1) Purchase order 2) imprest fund

Explanation:

a. A document that creates a legal obligation to buy and pay for goods or services ----- Purchase order

A purchase order is an agreed  document which indicates the type of product or services,  quantities of product, and  prices for products or services between two parties. it is usually  issued by a company who is referred to as a buyer to a vendor known as a  seller to supply the goods or services. When the vendor supplies the products, will be paid by the company who  is the buyer according to payment terms.

b. The method used to maintain the cash balance in the petty cash account--- imprest fund--- This is a petty cash system where a fixed  sum  amount of cash is maintained and   kept aside by a business only for  managing  expenses that may arise due to some circumstances but after being taken out, must be replenished.

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The decision making process followed by consumers to maximize utility assumes that
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The decision-making process followed by consumers to maximize utility assumes that the consumer has a limited income, the consumer is able to rank their preferences, the consumer behaves rationally.
The term utility used by the economist as a measure of satisfaction, happiness, a joy of a person.

5 0
4 years ago
Given the following information, determine the cost of goods manufactured and the cost of goods sold for the year ended December
natulia [17]

Answer:

$731,000 and $684,000

Explanation:

The computations are shown below:

For cost of goods manufactured    

= Direct materials used + Direct labor cost + Manufacturing overhead incurred + opening work-in-process inventory - closing work-in-process inventory    

= $271,000 + $126,000 + $359,000 + $193,000 - $218,000

= $731,000

For cost of goods sold

= Opening finished goods Inventory + Cost of goods manufactured - Ending finished goods Inventory

= $395,000 + $731,000 - $442,000

= $684,000

4 0
3 years ago
In the study conducted by thomas & chess in 1980 categorizing attachment, what percentage of babies were roughly categorized
belka [17]

40%

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Every parent wishes their children were simple. Parents with challenging infants may harbour envy for those of peaceful infants. However, studies suggest that having kids with a challenging temperament is not always a bad thing. This article will define temperament, examine the three varieties of temperament, and instruct you on how to handle a challenging infant.

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5 0
2 years ago
A PPO uses a discount on charge arrangement. Marie incurred total charges by a hospital of ​$20 comma 300​, and the percentage p
Radda [10]

Answer:

$2,842

Explanation:

total amount that the PPO will pay = $20,300 x 70% = $14,210

Marie has to pay 20% of that amount = $14,210 x 20% = $2,842

A preferred provider organization (PPO) is a type of healthcare insurance that provides discounts if you use their network physicians and providers. In this case, Marie received a 30% for going to that hospital.

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4 years ago
The panel of examiners for the oral examination in the police academy consists of
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The panel of examiners for the oral examination in the police academy consists of police supervisors.

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A one on one consultation is the Police Oral Board to see your health. Some law enforcement agencies require a final screening oral interview for applicants. Regardless, a face-to-face work interview can give you your final acceptance or break it out.

A police supervisor guides and tracks police department leaders. Many policemen are officers who have acquired their skills from working experience. They have progressed their careers. Many management roles include sergeants, captains, lieutenants or sergeants.

8 0
3 years ago
Read 2 more answers
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