Suppose You Are Told That a Number of Women Are

question 30

Multiple Choice

Suppose you are told that a number of women are pregnant.In the absence of any other inFormation,if you had to guess the stage of prenatal development,you would be correct MOST often if you guessed the _____ stage.

• A)germinal
• B)zygotic
• C)embryonic
• D)fetal

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Definitions:

Sales on Credit

Sales on Credit refer to transactions where the buyer is allowed to pay for goods or services at a later date, making the sale based on trust that payment will be made in the future.

Lockbox Plan

A cash management tool in which incoming cheques for a firm are sent to post office boxes rather than to corporate headquarters. A local bank will collect the contents of the lockbox and deposit the cheques into the company’s local account.

Net Positive Float

The excess of funds available for use due to the time difference between when a check is deposited and when it clears.

JIT System

Just-In-Time System, an inventory management strategy that aligns raw-material orders directly with production schedules.