A product consists of four components with reliabilities of 0.89, 0.90, 0.91, and 0.92, respectively. Each component has a backup with the same reliability. Calculate and indicate product reliability.
A. 96.40%
B. 86.31%
C. 94.11%
D. 79.32%
A. 96.40%
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Firms do not recognize certain obligations that are uncertain as to amount or timing or both as liabilities, unless those items meet a probability threshold and have a reliable measurement attribute. U.S. GAAP refers to these as _____, such as the possible obligation under an unsettled lawsuit
a. contingent liabilities b. unrealized contingencies c. realized contingencies d. unrecognized contingencies e. recognized contingencies
DHL's less powerful accounts generate significantly lower profitability than their major accounts
Indicate whether the statement is true or false
The four-steps of tracking product costs in a process costing system are ________
A) verify, analyze, record, and adjust B) assign, analyze, approximate, and allocate C) accumulate, assign, allocate, and adjust D) arrive, analyze, assume, and allocate
A process selected for reengineering should be a:
A) core process. B) front-office process. C) hybrid office. D) back office process.