The cost of underselling is a key factor that influences the optimal level of product availability
Indicate whether the statement is true or false.
Answer: FALSE
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The supply curve of reserves in an economy is horizontal when
A. the federal funds rate is greater than the seasonal credit discount rate. B. the federal funds rate is less than the secondary credit discount rate. C. the federal funds rate equals the primary credit discount rate. D. the federal funds rate is less than the primary credit discount rate.
Weimar Corporation is conducting a time-driven activity-based costing study in its Order Fulfillment Department. The company has provided the following data to aid in that study:Weimar CorporationOrder Fulfillment DepartmentData InputsResource Data: Number of employees 13 Average salary per employee$36,720 Weeks of employment per year 50 Minutes available per week (40 hours × 60 minutes) 2,400 Practical capacity percentage 85%?Activity Data:Processing OrdersPreparing DeliveriesHandling ReturnsMinutes per unit of the activity162844?Cost Object Data:All CustomersNumber of orders processed21,750Number of deliveries prepared11,130Number of returns handled410?On the Capacity Analysis report in time-driven activity-based costing, the "unused capacity in number of employees"
would be closest to: A. 6.36 employees B. (6.64)employees C. 6.64 employees D. 13.00 employees
Audits, public record searches, and net worth calculations are used to gather what type of evidence in fraud investigation?
a. Testimonial b. Forensic c. Documentary d. Observational
The Restatement approach to third-party negligence suits against accountants:
A. requires that the accountant be unaware of the third parties' reliance on the financial statements. B. does not protect the typical investor who was unknown to the accountant and his or her client when the financial statements were prepared. C. does not require that the accountant be aware of the third parties. D. holds that the accountant is liable only to those third parties who are unreasonably foreseeable.