The average accounts receivables balance is a function of both the volume of credit sales and the days sales outstanding.
Answer the following statement true (T) or false (F)
True
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The allowance for doubtful accounts will not be precise by either the client or the auditor because of which of the following reasons?
a. It is an accounting estimate based upon judgment. b. GAAP is not clear on the calculation of the allowance. c. It is merely a reserve that is reversed by the client as income is needed for profitable results. d. The precision is determined by the results of confirmation responses.
Which of the following statements is true about the issues to be addressed when localizing a computer program?
A) When translating a user interface for a program, the entire user interface, except the icons, will need to be changed. B) Programming techniques can be used to simplify and reduce the cost of localization. C) Forms and reports should be localized in a manner that does not necessitate redesigning an entire document. D) The help text should always be maintained in English.
A decrease in the ________ will cause an increase in common stock value
A) growth rate B) required rate of return C) last paid dividend D) both B and C
Moving average and exponential smoothing models work best for stationary time series
Indicate whether the statement is true or false