The normal probabilities are calculated using the table of standard normal distribution where the mean and standard deviations are, respectively:
A) 1 and 1.
B) 10 and 0.
C) 0 and 1.
D) 0 and 10.
C
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At the end of the accounting period, the correct entry in the general journal to adjust for beginning inventory is to
a. debit Purchases and credit Merchandise Inventory. b. debit Merchandise Inventory and credit Sales. c. debit Income Summary and credit Merchandise Inventory. d. debit the Capital account and credit a revenue account.
Kim, a customer service manager, tracks monthly complaints and has been trying over the past six months to reduce complaints to less than 0.2 percent through additional training for her staff. She is engaged in
A. organizing. B. controlling. C. measuring. D. leading. E. planning.
A marketing manager who wants to ship small quantities (1,500 pounds) of relatively high-value products for short distances at an economical cost should use
A. railroads. B. inland waterways. C. pipelines. D. air. E. trucks.
Weston, Inc., produces widgets. To manufacture a new type of widget, it took nine iterations before the process reached a steady state of 38 hr. If Weston has an 80% learning rate, use the logarithmic approach to calculate the time it took to manufacture the first widget.
A. 77.74 hr B. 75.68 hr C. 77.09 hr D. 76.83 hr