The _______Construct Tests a Condition

question 16

Multiple Choice

The _______construct tests a condition.

• A) sequence
• B) decision
• C) repetition
• D) flow

Evaluate factors affecting the location strategy of manufacturing and service firms.

Grasp the role of Geographic Information Systems in aiding location decisions.

Apply crossover analysis in selecting among location alternatives.

Assess the impact of exchange rates on location decisions.

---

Definitions:

Allowance Method

An accounting technique used to manage accounts receivable and bad debt expense by estimating uncollectible accounts at the end of each period.

Net Income

The total revenue of a business minus total expenses, representing the profit made during a specific period.

Uncollectible Receivables

Accounts receivable that are considered to be uncollectable and are treated as a loss because payment is no longer expected.

Percent of Sales Method

A financial forecasting model that estimates changes in balance sheet and income statement accounts as a direct percentage of sales.