Although only 20 units are on hand at the beginning of the year, World Company plans to sell 100 units during Year 2. Assuming the company desires an ending inventory of 10 units, it should plan to purchase 110 units.
Answer the following statement true (T) or false (F)
False
Budgeted purchases of inventory purchases (in units) = Budgeted sales (in units) + Desired ending inventory (in units) - Beginning inventory (in units)
Budgeted purchases of inventory purchases = 100 units + 10 units - 20 units = 90 units
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Rental receipts for the period July 1, 2015, through June 30, 2016, were collected on June 30, 2015. The effects of these economic events on the 2015 financial statements for unearned revenue and rent revenue are Unearned Revenue Rent Revenue I. Increase Increase II. Increase Decrease III. Decrease No effect IV. Decrease Increase
A) I B) II C) III D) IV
________ is a method to adjust for nonresponse by assigning the characteristic of interest to the nonrespondents based on the similarity of the variables available for both nonrespondents and respondents
A) Weighting B) Trend analysis C) Subjective estimates D) Imputation
Answer the following statements true (T) or false (F)
1. Claim letters should detail both the problem and the actions required for satisfaction. 2. Positive responses to claims never need explanation. 3. An indirect approach in responses to inquiries should have reasons for denying the request followed by the refusal. 4. Most claim refusal letters should close with an apology.
Texture is an example of which of the following?
A. interactive book developer B. magazine aggregator C. e-reader platform D. vanity press