Generation Y is defined as the generation of children born ________.
A. between WWI and WWII
B. between 1965 and 1976
C. between 1946 and 1964
D. between 1977 and 1994
E. since the millennium
Answer: D
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The units-of-output depreciation method provides a good match of expenses against revenue
a. True b. False Indicate whether the statement is true or false
Juniper Ltd, a manufacturer of jams and jellies, has been sued by Trevor who alleges that
he consumed worms in one of their products and which made him severely ill. Juniper sells all of its products through an independent regional distributor Jellyco. Juniper's manufacturing process entails bottling the jams and jellies when the mixtures are at boiling temperatures and thereafter immediately sealing the containers. It therefore believes that it is impossible that worms could have been in its product when it left the manufacturing plant. Which of the following is its best defence to Trevor's claim? A) That it did not cause the defect in the product B) That it does not know how the defect occurred C) That Jellyco must have caused the defect D) That Trevor did not really suffer an injury E) That it owed no duty of care to Trevor
A company bought new heating system for $46,000 and was given a trade-in of $4000 on an old heating system, so the company paid $42,000 cash with the trade-in. The old system had an original cost of $40,700 and accumulated depreciation of $35,400. If the transaction has commercial substance, the company should record the new heating system at:
A. $47,300. B. $5300. C. $4000. D. $42,000. E. $46,000.
Dexter, a supervisor at Rensil Inc., emphasizes how to do things in a way that results in better quality. In the context of types of quality control, Dexter is inclined toward ________.
A. process control B. product conformance C. turnover D. benchmarking