Which of the following accounts is increased with a credit?
A) Office Supplies
B) Unearned Revenue
C) Land
D) Prepaid Insurance
B
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What is productivity? Why is increasing productivity important? In the context of a specific job, preferably from your own experience, discuss at least three ways that managers can improve productivity.
What will be an ideal response?
Klein's Shoe Company uses a perpetual inventory system. The beginning balance in its inventory account is $1,500 and the ending balance is $1,000 . Cost of goods sold is $6,500 . What was the amount of inventory purchased during the year?
a. $ 500 b. $6,000 c. $7,000 d. $7,500
A random sample of 15 telephone calls in an office showed the duration of each call and whether it was a local or a long-distance call. Duration Call Number (In Minutes) Type of Call 1 2 local 2 12 long distance 3 10 local 4 3 local 5 5 long distance 6 6 local 7 3 local 8 5 local 9 8 local 10 4 local 11 5 local 12 4 local 13 5 local 14 4 local 15 9 long distance ? a.What is the point estimate for the average duration of all calls?b.What is the point estimate for the standard deviation of the population?c.What is the point estimate for the proportion of all calls that were long distance?
What will be an ideal response?
Design capacity is the theoretical maximum output of a system in a given period under ideal conditions
Indicate whether the statement is true or false