An Entity That Does Not Require a Relationship to Another

question 74

Multiple Choice

An entity that does not require a relationship to another entity for identification is called a(n) ____.​

• A) ​alternative entity
• B) ​foreign entity
• C) ​independent entity
• D) ​single entity

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Definitions:

Annual Demand

The total quantity of a product or service that consumers are willing and able to purchase in a given year.

Orders

Instructions given to buy or sell securities or other types of financial assets.

Break-Even Default Rate

The rate at which defaults on loans or investments would need to reach before an investor or institution starts to lose money.

Economic Order Quantity

A calculation method to find the best order quantity that reduces the overall storage and ordering expenses in stock management.