A divorce is the only method for legally terminating a marriage
Indicate whether the statement is true or false
FALSE
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The metric MDS procedures assume that input data are metric and the output is also metric
Indicate whether the statement is true or false
The training manager at Lako Systems is measuring trainees' progress in the current program and plotting it on a learning curve. After steady progress, several trainees have reached a point where their progress has leveled off, showing a relatively flat line on the curve. These employees have reached a plateau. While the manager should keep an eye on it, chances are that these learners will experience a spontaneous recovery and learning will increase.
Answer the following statement true (T) or false (F)
Gladding, Inc. applies the lower-of-cost-or-market rule to the entire stock of its inventory in the aggregate. At the end of the accounting period, it is determined that the cost of the inventory is $26,985 and the market (replacement) value is $25,886. Indicate how the required adjustment affects the elements of the financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts. Increase = IDecrease = DNo Effect = NAAssetsLiabilitiesStk. EquityRevenuesExpensesNet IncomeStmt of Cash Flows???????
What will be an ideal response?
Which of the following is the correct method to calculate a predetermined overhead rate?
A. Budgeted overhead cost ÷ budgeted amount of cost driver. B. Budgeted total manufacturing cost ÷ budgeted amount of cost driver. C. Actual overhead cost ÷ actual amount of cost driver. D. Budgeted amount of cost driver ÷ budgeted overhead cost. E. Actual overhead cost ÷ budgeted amount of cost driver.