A sequence code eliminates the possibility of assigning the same number

Indicate whether the statement is true or false

TRUE

Business

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The aging-of-receivables method is a balance sheet approach of estimating uncollectible accounts

Indicate whether the statement is true or false

Business

A pencil supplier just introduced quantity discounts. The price schedule follows

Order Quantity Price per Unit 000 - 199 $4.00 200 - 399 $3.75 400 and more $3.50 XYZ store's annual demand remains at 350 units and ordering cost at $2 per order. If annual holding cost is 30 percent of the pencils' per-unit price, what order quantity should XYZ select to minimize all costs? A) fewer than or equal to 150 units B) greater than 150 units but fewer than or equal to 199 units C) greater than 199 units but fewer than or equal to 399 units D) greater than 399 units

Business