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malfutka [58]
4 years ago
6

Which of these is NOT an assumption of the basic continuous review​ model?

Business
1 answer:
VladimirAG [237]4 years ago
6 0

Answer:

D. The order quantity is​ constant, regardless of the demand.

Explanation:

Basic Continuous Review Model relates to inventory stock management, where each time an inventory unit is added in or moved out the stock level is calculated again.

It do not assume that the order quantity is constant as it calculates inventory level after each order, there is no basic assumption as such.

The review model keeps on moving the stock and tries to maintain such level as by ordering the quantity sold, and it keeps on rotating, but there is no standard set for order quantity.

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One of the main questions of economics involves deciding upon the method for
egoroff_w [7]

Answer:

creating goods and services.

Explanation:

Economics seeks to get answers to how societies utilize scarce resources to meet the unlimited needs of members. The three basic questions that economics addresses are

  1. What to produce?
  2. How to produce?
  3. For whom to produce?

Creating goods and services and services is answering on what to produce? With the limited resources, authorities must decide what goods and services to produce. Decisions have to be made on what needs to meet immediately. For example, the government may decide to build new schools rather than contract a new road

6 0
3 years ago
Read 2 more answers
If a check correctly written and paid by the bank for $749 is incorrectly recorded in the company's books for $794, how should t
sertanlavr [38]

Answer:

To treat this in the bank reconciliation, the difference of $45 is deducted from the balance per bank.

Explanation:

Based on the information given;

The amount recorded (as a deduction) in the books was in excess of $45 being the difference between the actual amount $749 and the erroneous amount recorded $794.

As such, to reconcile the bank statement balance to the balance in the books, the difference $45 is deducted from the balance per bank.

However, in the computation of the book balance the excess amount $45 is added to the book balance to correct the error.

3 0
4 years ago
Barron's has collected data on the top 1,000 financial advisers. Company A and Company B have many of their advisers on this lis
scoray [572]

Answer:

We'll start by putting into consideration, the large sample variance at the numerator.

Barron's Variance will be represented using 1 as the subscript.

i.e.

1 = $583 million

2 = $489 million

So,

0: 1²= 2²

: 1² ≠ 2²

=1² / 2²=

= $583 million² / $489 million²

= 583²/489²

= 1.42

Degrees of freedom 15 and 9

Using F table, area in tail is greater than 0.10.

Two-tail p-value is greater than .20

Exact p-value corresponding to F= 1.42 is .5874 (See F table)

p-value > .10

So,we do not reject 0.

We cannot conclude there is a statistically significant difference between the variances for the two companies.

4 0
4 years ago
What is a person’s taxable income?
dybincka [34]

I'ts not the C, gross income received from salaries, wages, tips, and commissions. I just chose that on my quiz and got it wrong. I did a little more research after that and now I believe it is

B, gross income after subtracting exemptions and deductions.

5 0
4 years ago
Read 2 more answers
All of the following are true about health insurance except:
Nataly_w [17]

The option that's not true about health insurance is that A. People with health insurance can skip lines in emergency rooms.

<h3>What is health insurance?</h3>

It should be noted that health insurance is a contract that requires a company to pay healthcare costs in exchange for a premium.

In this case, the option that's not true about health insurance is people with health insurance can skip lines in emergency rooms.

In conclusion, the correct option is A.

Learn more about insurance on:

brainly.com/question/25855858

#SPJ1

<u>Complete question:</u>

All of the following are true about health insurance except:

a. People with health insurance can skip lines in emergency rooms

b. Health insurance protects you financially from medical emergencies.

c. Health insurance lowers your risk of acquiring medical debt.

d. Health insurance allows some medical procedures to be covered by a low-cost co-pay.

5 0
2 years ago
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