Bone Stink

question 19

Multiple Choice

Bone stink:

• A)is caused by Clostridium and leads to putrefaction deep in tissues of large carcasses
• B)refers to molds that grow on refrigerated and frozen meats
• C)refers to fluffy white whiskers on the surfaces of hanging carcasses
• D)causes green discoloration on refrigerated meat under low oxygen conditions

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Definitions:

Current Assets

Assets expected to become cash in less than one year. Current assets are largely cash, receivables, and inventories.

Current Liabilities

Financial obligations a company is due to pay within one year or within its operating cycle if longer than a year.

EOQ Model

Economic Order Quantity Model; a formula used to determine the optimal order quantity that minimizes total inventory costs.

Annual Ordering Cost

The total expenses associated with placing orders for goods or inventory over the course of a year.