The Theory of Constraints Focuses on

question 15

Multiple Choice

The theory of constraints focuses on

• A)throughput.
• B)inventory.
• C)operating expenses.
• D)all of the above.

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Definitions:

E-commerce

The buying and selling of goods and services using the internet, and the transfer of money and data to execute these transactions.

Subsidiary Ledger

A detailed ledger containing account information that supports the summary amounts recorded in a general ledger.

General Journal

A primary accounting record where financial transactions are entered before being posted to ledger accounts.

Accounts Receivable

Represents money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.