GAAP refer to guidelines for accounting information in the United States. The acronym GAAP in this statement refers to ________
A) Globally Accepted and Accurate Policies
B) Global Accommodation Accounting Principles
C) Generally Accredited Accounting Policies
D) Generally Accepted Accounting Principles
D
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Cost is a dollar measure of the resources used to achieve a given benefit
Indicate whether the statement is true or false
The Body Paint, an automobile body paint shop, has determined that the painting time of automobiles is uniformly distributed and that the required time ranges between 45 minutes to 1 
hours.
a.Give a mathematical expression for the probability density function.b.What is the probability that the painting time will be less than or equal to one hour?c.What is the probability that the painting time will be more than 50 minutes?d.Determine the expected painting time and its standard deviation.
What will be an ideal response?
When a big name retailer decides to open its own manufacturing plant overseas, this is an example of
A. contract manufacturing. B. direct ownership. C. exporting. D. a joint venture. E. licensing.
Describe some measures that firms have taken to gain tighter management control over the cost of health care.
What will be an ideal response?