Proper internal control over the inventory account would require that inventory items should be reviewed for obsolescence and proper accounting treatment
a. True
b. False
Indicate whether the statement is true or false
True
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From a population of size 400, a random sample of 40 items is selected. The median of the sample
A. must be 200, since 400 divided by 2 is 200. B. must be 10, since 400 divided by 40 is 10. C. must be equal to the median of population, if the sample is truly random. D. none of these alternatives is correct.
Acme Global is analyzing how it can take customers away from organizations in other industries and whether organizations in other industries could take its customers away. It is analyzing the ______ in the five forces model.
A. power of suppliers B. threat of substitute products and services C. potential new entrants D. rivalry among competitors
Earnings per share tells the shareholder the amount of
a. cash generated per share of common stock. b. dividends earned by each common shareholder. c. dividend per share of common stock. d. income per share as if preferred stock dividends had been paid. e. income per share as if common and preferred stock dividends had been paid.
If a student evaluates her professor low on all evaluation criteria due to dissatisfaction with the professor's grading, the student has likely committed which rater error?
A. Stereotyping B. Recency C. Central tendency D. Halo E. Proximity