Use the Constraints Given Below and Determine Which of the Following

question 33

Multiple Choice

Use the constraints given below and determine which of the following points is feasible.
   (1) 14x + 6y ? 42
   (2) x - y ? 3

• A) x = 1; y = 4
• B) x = 2; y = 8
• C) x = 2; y = 4
• D) x = 3; y = 0.5

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Definitions:

Adjusted Trial Balance

A list of all the accounts and their balances after adjusting entries have been made, used to prepare financial statements.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent ones, thereby preparing the temporary accounts for the next accounting period.

Journalize

The act of recording transactions in a company's journal, which is the first step in the accounting cycle.

End-of-Period Spreadsheets

Financial spreadsheets compiled at the end of an accounting period to summarize the financial status and operations of a business.