When an employer offers a contributory pension plan, contributions are made jointly by employers and the government.
Answer the following statement true (T) or false (F)
False
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Jasper makes a $78,000, 90-day, 7% cash loan to Clayborn Co. Jasper's entry to record the transaction should be:
A. Debit Notes Payable $78,000; credit Accounts Payable $78,000. B. Debit Notes Receivable for $78,000; credit Cash $78,000. C. Debit Accounts Receivable $78,000; credit Notes Receivable $78,000. D. Debit Cash $78,000; credit Notes Receivable for $78,000. E. Debit Notes Receivable $78,000; credit Sales $78,000.
M & E contracted to sell 500 music stands to Coda, Inc. M & E shipped the stands in accordance with the agreement. Coda paid for the stands as promised. The contract between M & E and Coda is discharged by
A. full performance. B. agreement. C. rescission. D. accord and satisfaction.
In order to estimate the average electric usage per month, a sample of 196 houses was selected and the electric usage determined
a. Assume a population standard deviation of 350 kilowatt-hours. Determine the standard error of the mean. b. With a .95 probability, determine the margin of error. c. If the sample mean is 2,000 KWH, what is the 95% confidence interval estimate of the population mean?
A probability model is a mathematic representation of a random phenomenon.
Answer the following statement true (T) or false (F)