The recent average starting salary for new college graduates in IT systems is $47,500 . Assume salaries are normally distributed with a standard deviation of $4,500 .What is the cutoff for the top 3% of the salaries?
$55,960
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Sally is a nurse at a hospital. Her new coworkers speak using nursing acronyms and have various words for policies and procedures that are unique to the profession she is in. This language is referred to as
a. banter. b. jargon. c. workplace slang. d. hospital talk.
The auditor would be most likely to request a schedule of repairs and maintenance expense to satisfy the auditor about the existence of long-lived assets
a. True b. False Indicate whether the statement is true or false
Cash flows to assets is measured in terms of
a. a percentage. b. times. c. days. d. dollars.
Oregon Company is preparing its statement of cash flows using the indirect method. During the year, the company purchased equipment for $15,000 cash. Which of the following statements is TRUE?
A) $15,000 would be shown as a negative cash flow in the operating activities section. B) $15,000 would be shown as a negative cash flow in the investing activities section. C) $15,000 would be shown as a positive cash flow in the investing activities section. D) $15,000 would be shown as a positive cash flow in the financing activities section.