Classification organizes data or information into predefined groups.
Answer the following statement true (T) or false (F)
False
Classification assigns records to one of a predefined set of classes.
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Empirical studies show that because voluntary export quotas are typically administered by exporting countries, foreign exporters tend to
a. raise their export prices, thus capturing much of the quota's revenue effect. b. lower their export prices, thus losing much of the quota's revenue effect. c. raise their export prices, thus selling more goods overseas. d. lower their export prices, thus selling fewer goods overseas.
Return on assets is a ratio based on a retailer's net sales, net assets, and financial leverage
Indicate whether the statement is true or false
If beginning and ending work in process inventories are $5,000 and $15,000, respectively, and cost of goods manufactured is $170,000, what is the total manufacturing cost for the period?
A. $160,000. B. $180,000. C. $155,000. D. $175,000. E. $165,000.
Suppose the U.S. Treasury offers to sell you a bond for $597.25. No payments will be made until the bond matures 5 years from now, at which time it will be redeemed for $1,000. What interest rate would you earn if you bought this bond at the offer price?
a. 11.08% b. 10.86% c. 11.94% d. 9.01% e. 9.56%