The Difference Between the Assignment and the Transportation Problem Is

question 86

Multiple Choice

The difference between the assignment and the transportation problem is that

• A) total supply must equal total demand in the assignment problem.
• B) the number of origins must equal the number of destinations in the transportation problem.
• C) each supply and demand value is 1 in the assignment problem.
• D) both A and B

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Definitions:

Direct Write-off Method

An accounting method where uncollectible accounts receivable are directly written off against income at the time they are deemed non-collectable.

Allowance for Doubtful Accounts

An accounting provision representing the estimated portion of receivables that may not be collected.

Accounts Receivable

Represents money owed to a company by its customers for goods or services delivered but not yet paid for.

Bad Debt Expense

The cost associated with accounts receivable that a company is not able to collect from its debtors, recognized as an expense on the income statement.