Which Number Should Be Placed in the Spot Presently Filled

question 44

Multiple Choice

Which number should be placed in the spot presently filled with the X? Item ABC-Level
1
2
3
4
Gross Requirements
40
65
35
10
Schedule Receipts
60
Projected on Hand Inventory
70
30
25
20
10
Net Requirements
Planned Order Releases
X
Q = 30; LT = 2; SS = 10

• A)10
• B)15
• C)30
• D)60

---

Definitions:

Income Statement

A financial statement that reports a company's revenues, expenses, and net income over a specific period, indicating financial performance.

Accounts Receivable

Money owed to a business by its customers for goods or services that have been delivered but not yet paid for.

Cash Received

The total amount of cash received by a company during a specific period from all its activities, including operations, investments, and financing.

Direct Method

In accounting, the direct method is a way of reporting cash flows from operating activities by listing major categories of gross cash receipts and payments.