The difference in the scope of databases is reflected in the:
A) Number of the development steps
B) Cost in time and resources required for each of the development steps
C) Level of importance of each of the development steps
D) Order of the development steps
B
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Which of the following relationships between category of intangibles and amortization is false? Set Category Amortize I. Intangible assets with a finite life Yes II. Intangible assets with an indefinite life No III. Goodwill Yes IV. Internally developed unidentifiable intangibles No ? ?
A) Set I B) Set II C) Set III D) Set IV
A favorable fixed overhead spending variance indicates that
a. budgeted fixed overhead is less than actual fixed overhead. b. budgeted fixed overhead is greater than applied fixed overhead. c. applied fixed overhead is greater than budgeted fixed overhead. d. actual fixed overhead is less than budgeted fixed overhead.
An automotive repair shop has determined that the average service time on an automobile is 2 hours with a standard deviation of 32 minutes. A random sample of 64 services is selected. a.What is the probability that the sample of 64 will have a mean service time greater than 114 minutes?b.Assume the population consists of 400 services. Determine the standard error of the mean.
What will be an ideal response?
A company purchased inventory for $2,000 from a vendor on account, FOB shipping point, with terms of 2/10, n/30. The company paid $100 cash for freight in. Prepare the journal entry to record payment of the invoice within 10 days by the purchaser
(Assume a perpetual inventory system.) What will be an ideal response