General-purpose external financial statements are not primarily intended for

A) management.
B) investors.
C) suppliers of goods and services.
D) lending institutions.


A

Business

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The law states that advertising to children cannot exceed 12 minutes per hour during weekdays. Which organization is responsible for making sure this time limit is not exceeded?

A) Federal Communications Commission B) Federal Trade Commission C) Food and Drug Administration D) United States Postal Service

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What is the purpose of incentive plans? Describe the characteristics of a successful incentive pay plan. 

What will be an ideal response?

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An electrical power system consists of four major components with reliabilities of 0.99, 0.90, 0.80, and 0.95. Compute and indicate the overall reliability of the electrical power system.

A. 0.8125 B. 0.9856 C. 0.7645 D. 0.6772

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Which of the following is the correct formula for measuring the efficiency variance?

A) Efficiency Variance = (Actual Quantity + Standard Quantity) - Standard Cost B) Efficiency Variance = (Actual Quantity x Standard Quantity) / Standard Cost C) Efficiency Variance = (Actual Quantity / Standard Quantity) x Standard Cost D) Efficiency Variance = (Actual Quantity - Standard Quantity) x Standard Cost

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