Which of the Following Is the Net Requirement Using an MRP

question 47

Multiple Choice

Which of the following is the net requirement using an MRP program if the gross requirement is 1,250 and the inventory on hand is 50?

• A) 1,200
• B) 1,300
• C) 1,150
• D) 2,450
• E) None of these choices are correct

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Definitions:

Preferred Stock

A class of stock that offers its holders priority over common stockholders in the distribution of dividends and assets.

Common Stock

Equity ownership in a corporation, with the right to vote on corporate matters and receive dividends.

Dividends Per Share

The total amount of dividends declared for each share of stock issued, showing how much shareholders receive from the net profits of the company.

Cash Dividend

A payment made by a company to its shareholders, usually as a distribution of profits in the form of cash.