The QA team customizes the ERP system functionality
Indicate whether the statement is true or false
FALSE
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A major department store has determined that its customers charge an average of $500 per month, with a standard deviation of $80 . Assume the amounts of charges are normally distributed
a. What percentage of customers charges more than $380 per month? b. What percentage of customers charges less than $340 per month? c. What percentage of customers charges between $644 and $700 per month?
Under cash-basis accounting, if a company provides services to a customer in the current year but does not collect cash until the following year, the company should report the revenue in the current year.
Answer the following statement true (T) or false (F)
Recht Corporation bases its predetermined overhead rate on variable manufacturing overhead cost of $9.30 per machine-hour and fixed manufacturing overhead cost of $17,940 per period. If the denominator level of activity is 1,200 machine-hours, the fixed element in the predetermined overhead rate would be:
A. $9.30 B. $930.00 C. $24.25 D. $14.95
Rather than asking applicants for specific examples to illustrate their answers, interviewers are finding that asking potential employees how they feel about certain things is a more objective way to evaluate applicants' skills.
Answer the following statement true (T) or false (F)