The upper and lower control limits of the proportions of defectives of a process are 0.0803 and 0.0161
a. What has been the proportion of defectives in this process?
b. What has been the sample size?
c. Determine the standard error of proportion.
a. p= 0.0482
b. n = 400
c. Standard error of proportion = 0.0107
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The amount of expired factory equipment insurance is adjusted by
a. debiting Factory Overhead and crediting Prepaid Insurance. b. debiting Equipment Insurance Expense and crediting Factory Overhead. c. debiting Prepaid Insurance and crediting Equipment Insurance Expense. d. debiting Prepaid Insurance and crediting Accounts Payable.
Research indicates that weaknesses in control components other than control activities do not cause fraud and other misstatements in financial statements
a. True b. False Indicate whether the statement is true or false
The Lakeside Company issues $518,000 of its 10%, 10-year bonds at 106 on March 31, 2019. The bonds pay interest on March 31 and September 30. On September 30, 2019, how much cash did the company pay to the bondholders?
A) $2590 B) $51,800 C) $25,900 D) $12,950
Training is especially important during rapid growth of a company because it takes time to hire people and get them up to speed.
Answer the following statement true (T) or false (F)