Which of the Following Are Computational Procedures That Can Be

question 15

Multiple Choice

Which of the following are computational procedures that can be used to make decisions regarding the routing and scheduling of deliveries?

• A) the savings matrix method
• B) the generalized assignment method
• C) the loss prevention method
• D) A and B only

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Definitions:

Articles of Partnership

A document that formalizes an agreement between parties to enter into a business partnership, outlining the rights, responsibilities, and capital contributions of each partner.

Profit and Loss Ratio

Typically refers to the profit margin, which measures the efficiency of a company in generating profits from its operations, calculated as net income divided by revenue.

Closing Entry

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent accounts, preparing the books for the next period.

Capital Balances

The amounts of money that the owners of a company have contributed to it or have accumulated over time.