The central limit theorem (CLT) describes the theoretical characteristics of a sample population.

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


True

Business

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Leonard Technologies invests $68,000 to acquire $68,000 face value, 10%, five-year corporate bonds on December 31, 2014. The bonds will mature on December 31, 2019. The bonds pay interest semiannually on December 31 and June 30 every year until maturity. Assume Leonard Technologies uses a calendar year. Based on the information provided, which of the following will be included in the journal entry for the transaction on December 31, 2018?

A) a credit to Interest Revenue for $6800 B) a debit to Interest Revenue for $6800 C) a credit to Interest Revenue for $3400 D) a debit to Interest Revenue for $3400

Business

The direct materials price variance is best measured and reported to appropriate management personnel at the time

A) purchased quantities exceed standard order size. B) quarterly financial statements are prepared. C) shipments are received and recorded as purchases. D) direct materials are issued to production areas.

Business

In organizations with a diverse workforce, it is usually constructive to

A. ignore cultural differences and just hope everyone will get along OK. B. express pity for minorities and disabled persons. C. divide the workforce into teams, with each team comprised only of persons from a single culture. D. discuss cultural differences openly, as long as you avoid inflammatory remarks.

Business

Both good-news and routine news messages follow the deductive pattern

Indicate whether the statement is true or false

Business