An airline ticket counter, with several agents for one line of customers, is an example of which of the following?
A) single-server, single-phase system
B) single-server, multiphase system
C) multiple-server, single-phase system
D) multiple-server, multiphase system
E) cross-server, single-phase system
C
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A model that allows variables to change over time is referred to as a
A. static model. B. dynamic model. C. partial-equilibrium model. D. general-equilibrium model.
When calculating the return on fixed assets sales is divided by _________________
Fill in the blank(s) with correct word
Use this information pertaining to the Alvino Corporation to answer the following question. 1 . The corporation's Store Supplies account showed a beginning debit balance of $200 and supplies purchased of $800 . There were $300 of supplies on hand at year end. 2 . Depreciation on a building is estimated to be $5,000. 3 . A one-year insurance policy was purchased for $2,000 . Three months have
passed since the purchase. 4 . Accrued interest on a note receivable amounted to $100. 5 . The company received a $3,600 advance payment during the year on services to be performed. By the end of the year, one-fourth of the services had been performed. The adjusting entry to record the accrued interest on the note is a. Interest Expense 100 Interest Receivable 100 b. Interest Payable 100 Interest Expense 100 c. Interest Receivable 100 Interest Income 100 d. Interest Income 100 Interest Receivable 100
Which of the following contains period costs?
A) Work in Process Inventory B) Finished Goods Inventory C) Cost of Goods Sold D) Selling and administrative expenses