A presumption in law is something which is presumed to be true without the necessity of

having to prove that it is true.

Indicate whether the statement is true or false

FALSE

Business

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Under the periodic inventory system, purchases, purchase discounts, and purchase returns and allowances are recorded in the Merchandise Inventory account as and when they occur

Indicate whether the statement is true or false

Business

In a linear programming model, the decision maker seeks to optimize an objective function while meeting the requirements of certain constraints.Which of the following is not a type of constraint?

a. Resource constraints b. Non-negativity constraints c. Maximization constraints d. All of the above are types of constraints.

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