Weighted average cost per unit is determined by dividing the cost of goods available for sale by the number of units available

Indicate whether the statement is true or false


TRUE

Business

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An entity's liabilities come from three primary sources: creditors, investors, and profits retained in the business

a. True b. False Indicate whether the statement is true or false

Business

Which of the following is not an advantage of commercial software? Commercial software

a. can be installed faster than a custom system b. can be easily modified to the user's exact specifications c. is significantly less expensive than a system developed in-house d. is less likely to have errors than an equivalent system developed in-house

Business

The common measures of a queuing system's performance include:

A) probability that the service facility will be idle, average queue length, and probability that the waiting time will exceed a specified duration. B) average time each customer spends in the system, probability that the service system will be idle, and average time each customer spends in the queue. C) average queue length, maximum time a customer may spend in the queue, and the utilization factor for the system. D) average time each customer spends in the system, maximum queue length, and probability of a specific number of customers in the system. E) maximum queue length, maximum time a customer may spend in the queue, and average queue length.

Business

According to the text, missionary salespeople are sometimes called

A. account managers. B. technical specialists. C. order takers. D. customer service reps. E. detailers.

Business