In perpetual inventory system with process costing, the cost of units sold is recorded by debiting Cost of Goods Sold and crediting ________.
A) Finished Goods Inventory
B) Sales Revenue
C) Work-in-Process Inventory
D) Wages Payable
A) Finished Goods Inventory
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Myra claims that a Nebraska state statute infringes on her "procedural due process" rights. This claim focuses on
A. procedures used in making decisions to take life, liberty, or property. B. the content of the statute. C. the similarity of the treatment of similarly situated individuals. D. the steps to be taken to protect Mary's privacy.
Dixie, a driver for Express Delivery Company, leaves the truck's motor running in neutral and carelessly forgets to set the parking brake while she makes a delivery. The truck rolls and crashes into a nearby gas station pump, igniting a fire that
spreads quickly to a construction site a block away. A burned wall col-lapses onto a crane, which falls on Fazio, a by-stander, and injures him. What must Fazio show to recover dam-ages from Express Delivery?
Because a mutual fund is already diversified with perhaps 100 or more different investments, further diversification is not recommended or necessary
Indicate whether the statement is true or false.
Four percent of the customers of a mortgage company default on their payments. A sample of five customers is selected. What is the probability that exactly two customers in the sample will default on their payments?
a. .2592 b. .0142 c. .9588 d. .7408