Al Exam
After demand began to accelerate beyond supply, Mrs. Kaur's Homemade Pies was faced with a ser
of options. Which of the following is NOT one of those options?
Select one:
O a. Expand the facility and staff while maintain price
b. Maintain current levels of production and reduce the price
O
C. Increase production and maintain the price
d. Maintain current production levels and raise prices
O
Ne

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.