Service Levels Is

question 6

Multiple Choice

Service levels is:

• A)The percentage of time the system has an item on hand
• B)The percentage of demand filled from stock
• C)The probability that all orders are filled from stock
• D)All of the above

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Definitions:

Journalizing

The act of recording business transactions in the journal, forming the initial step of the accounting cycle.

Posting Process

The act of transferring entries from a journal to the corresponding accounts in the ledger.

Balance Incorrectly

This term does not align with a standard accounting key term, so its accuracy as a finance or accounting term is questionable. NO.

Trial Balance

A tabulation for accounting purposes where all ledger balances are gathered, displaying equal totals in both debit and credit sections.