True-Breeding Means

question 9

Multiple Choice

True-breeding means:

• A)hybrid
• B)bred only with the same kind and shows the same trait or traits over many generations
• C)only the dominant characteristics will express themselves
• D)only the recessive traits will express themselves

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Definitions:

Just-In-Time Inventory System

A supply chain management strategy aimed at reducing inventory costs by receiving goods only as they are needed in the production process.

Acid-Test

A liquidity ratio that measures a company's ability to pay off its current liabilities with quick assets without relying on the sale of inventory.

Current Ratio

A financial ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.

Cash Discount

A reduction in the invoice price offered by sellers to buyers as an incentive for early payment.