Altec Designs makes fashion clothing and reports the following data for the month of September:




What is the journal entry to record the total labor charges incurred during September, which will be paid at a later date?



Business

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Branding and advertising are really the same thing and should be used interchangeably. Each is about making sure that consumers recognize a product and have a favorable opinion of it

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

Business

Under the Statute of Frauds, a contract that is in writing is void.

Answer the following statement true (T) or false (F)

Business

In order to estimate the difference between the average yearly salaries of top managers in private and governmental organizations, the following information was gathered.  Private Governmental Sample Size50 60 Sample Mean (in $1000s)90 80 Sample Standard Deviation  (in $1000s)6 8 ? Develop an interval estimate for the difference between the average yearly salaries of top managers of the two sectors. Use 95% confidence and give your answers in dollars.

What will be an ideal response?

Business

If the forward exchange rate is an unbiased predictor of future spot rates, then future spot rates will always be equal to current forward rates

Indicate whether the statement is true or false.

Business