An advantage of starting a new business (versus buying an existing business or becoming a franchisee) is the _____
a. established name and following
b. time lag before opening
c. flexibility in controllable variable selection
d. management assistance and training
c
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Accounting principles make accrual accounting earnings closer to the firm's underlying economic performance in a given period than are _________________________
Fill in the blank(s) with correct word
A check payment for $658 was incorrectly entered in the Cash account as $856. Which of the following adjustments needs to be made?
A) decrease the book balance B) decrease the bank statement balance C) increase the book balance D) increase the bank statement balance
An assembly line has been designed to make battery-powered beverage mixers. Task details are shown in the table below:
Station Task Assigned Task Time (minutes) 1 1 3.0 2 3; 4 1.5; 2.0 3 2; 5; 6 1.5; 1.5; 1.0 4 7 3.0 5 8 2.5 6 9; 10; 11 2.0; 1.0; 1.0 a. What is the assigned cycle time (in minutes)? b. What is the maximum output rate of this line in mixers per hour? c. What is the total idle time per cycle? d. What is the assembly line's efficiency?
All parties to a negotiable instrument will be discharged when the party primarily liable on it pays to a holder the full amount due
Indicate whether the statement is true or false