Many analytics tools are too complex for the average user, and this is one justification for Big Data
Indicate whether the statement is true or false
TRUE
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If a job shop is heavily congested, then the input rate for a job shop should be?
a. Equal to the daily output rate b. Less than the daily output rate c. More than the daily output rate d. WIP and input rate are unrelated
In determining liability for errors in a registration statement, the plaintiff must prove that there was a misstatement or omission that was important enough to affect the plaintiff's investing decision. In other words, the misstatement or omission needs to be
a. material. b. unrefuteable. c. accredited. d. firm.
The employees of Leicester Services, Inc. worked the last two weeks of December, 2016. They received their paychecks on January 2, 2017. Which of the following accounts should appear on the income statement for the year ended December 31, 2016?
A) Salaries Expense B) Prepaid Expense C) Salaries Payable D) Unearned Revenue
Which of the following will be shown under the investing activities section of the statement of cash flows?
A) purchased treasury stock for cash B) issued notes payable to purchase equipment C) paid cash dividends to stockholders D) loaned money to a third party