Which One of the Following Approaches for Scheduling Customer Demand

question 141

Multiple Choice

Which one of the following approaches for scheduling customer demand would be appropriate for a dentist?

• A)backlogs
• B)reservations
• C)service on demand
• D)appointments

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Definitions:

Liabilities

Liabilities are financial obligations or debts owed by a business to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Reversing Entry

An accounting entry that is made at the beginning of an accounting period to reverse or cancel out a previously made adjusting entry.

Salaries Expense

The total amount of salary payments owed to employees for work performed during a specific period.

Salaries Payable

An account that records amounts owed to employees for work performed but not yet paid, a liability on the balance sheet.