To Meet Short-Run Demand and to Facilitate Production,aggregate Units Established

question 38

Multiple Choice

To meet short-run demand and to facilitate production,aggregate units established by sales and operations planning are ______.

• A)disaggregated
• B)redesigned
• C)retooled
• D)discarded

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Definitions:

Allowance for Doubtful Accounts

An estimation of the amount of credit sales that are expected not to be collected, representing a reserve for potential bad debts.

Notes Receivable

Legally enforceable claims for money owed to a business by its customers or clients, typically evidenced by a written promise to pay.

Formal Instruments of Credit

Legal documents that acknowledge debt and specify terms of repayment, such as notes payable or bonds.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue by comparing net credit sales to the average accounts receivable.