For any waiting line system, (Average number of units in waiting line) = (Total waiting time) divided by (Total time of simulation)

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Explain the advantages of preparing a portfolio for a job search

What will be an ideal response?

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Zero Sum Games Corporation has forty-three shareholders. The minimum number that must be present at a meeting for a shareholders' vote is

A. all of the shareholders. B. a quorum. C. a proxy. D. three of the shareholders.

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The term "seasonal variation" may refer to the four traditional seasons, or to systematic patterns that occur during a month, a week, or even one day

Indicate whether the statement is true or false

Business

Kline Company accrued wages of $7,350 that were earned by employees unpaid at the year- end. Assuming Kline uses reversing entries, which of the following entries correctly reverses the accrued wages at the beginning of the following year?

A) Debit Wages Expense $7,350; credit Cash $7,350. B) Debit Wages Expense $7,350; credit Wages Payable $7,350. C) Debit Wages Payable $7,350; credit Cash $7,350. D) Debit Cash $7,350; credit Wages Expense $7,350. E) Debit Wages Payable $7,350; credit Wages Expense $7,350.

Business