Determine the Equation of the Straight Line That Goes Through

question 7

Multiple Choice

Determine the equation of the straight line that goes through the points (2, 8) and (6, 10) .

• A) y = 2x + 5
• B) y = 2x + 7
• C) y = 0.5x + 5
• D) y = 0.5x + 7

Describe the role of technology in improving operation quality and efficiency.

Understand the concept of organisational subcultures and the factors that contribute to their formation.

Identify the benefits of lean production and agile manufacturing in modern business practices.

Comprehend the principles and importance of Total Quality Management (TQM) in organisational operations.

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Definitions:

Allowance for Doubtful Accounts

A contra account that reduces the total receivables on the balance sheet to reflect the amount that is expected not to be collected.

Selling Receivables

The process of selling a company's outstanding invoices to a third party to improve cash flow and reduce risk.

Risk

The possibility of experiencing loss or other adverse effects in business or investment.

Allowance Method

An accounting technique to estimate and record bad debts by recognizing a provision for accounts receivable that might not be collected.