Answer the following statements true (T) or false (F)

ARB 36 reduced flexibility in how the cost relating to unfunded accumulated benefits was dealt with in the income statement.


ANSWER: T

Business

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The mathematical symbols "?X" and "SX" represent a ________ for the population and the sampling distribution respectively

A) proportion B) standard deviation C) standard error of the mean D) variance

Business

Answer the following statements true (T) or false (F)

1. One characteristic of a project is that it is repetitive. 2. Projects can be undertaken only by small companies. 3. An example of a project is 82,000 bottles of Coca-Cola bottled during a single shift. 4. A distinguishing characteristic of processes relative to projects is that processes are fairly repetitive.

Business

A company sells a software package to a purchaser. The package contains a licence agreement, which the purchaser does not see until she has paid for and received the package

The agreement, however, states that the purchaser may return the package if she does not accept the terms of the licence. If the purchaser keeps the software, is she bound by the terms of the licence agreement? A) No. The seller has not given any consideration for the buyer's promise to be bound by the agreement. B) Yes. Although there has been no consideration, the provision allowing return of the goods creates an exception recognized by the law to the requirement for consideration. C) No. The seller cannot unilaterally impose terms on the purchaser. The seller did not agree to the licence agreement when she purchased the package. D) The answer depends on the adequacy of the consideration which a court would find was given. E) The answer depends on whether the case is characterized as governed by the skrink-wrap rule or the click-wrap rule.

Business

A "facially discriminatory policy or practice" is:

a. one that is discriminatory on its face b. one that uses face recognition software to identify employees c. one that is necessary to conduct business d. all of the above

Business