Match the Term with Its Definition

question 99

Multiple Choice

Match the term with its definition.
-Agreements to repay cash amounts borrowed from banks or other lending sources within 12 months or less

• A)accrued expenses
• B)cash flow activities
• C)cost of goods sold
• D)gross profits
• E)long-term debt
• F)long-term note
• G)net profits
• H)operating profits
• I)profit margins
• J)profits before taxes (taxable income)
• K)short-term notes
• L)statement of cash flows

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Definitions:

Predictive Capacity

The ability to forecast future events, trends, or outcomes based on current data and analysis.

Markov Model

A Markov Model is a mathematical system that undergoes transitions from one state to another on a state space. It is used for predicting the likelihood of future events based on current or past events.

Bullwhip Effect

When errors in estimating the supply of human capital are amplified along the supply chain, resulting in large overestimates of hiring needs.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value.