Matthews Company Has a Policy of Maintaining an Inventory of Finished

question 133

Multiple Choice

Matthews Company has a policy of maintaining an inventory of finished goods equal to 30 percent of the following month's sales.For the forthcoming month of March,Matthews has budgeted the beginning inventory at 30,000 units and the ending inventory at 33,000 units.This suggests that

• A)February sales are budgeted at 10,000 units less than March sales.
• B)March sales are budgeted at 10,000 units less than April sales.
• C)February sales are budgeted at 3,000 units less than March sales.
• D)March sales are budgeted at 3,000 units less than April sales.

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Definitions:

Karen Horney

A pioneering figure in psychoanalysis, known for her theory on neurotic personality organization and challenging Freud's views on female psychology.

Sigmund Freud

The person in question was an Austrian-born neurologist who created the psychoanalytic method, a clinical approach aimed at curing mental illnesses by facilitating a dialogue between the analyst and the patient.

Identification

The psychological process in which an individual assimilates an aspect, property, or attribute of the other and is transformed, wholly or partially, by the model the other provides.

Phallic Stage

A phase in Freud's psychosexual development theory occurring between the ages of three and six, where the libido's focus is on the genital area.