All of the following are results of resource scarcity EXCEPT
A. bottlenecks.
B. the dumbing down of projects.
C. a decline in team morale.
D. economies of scale.
E. work that must be redone.
Answer: D
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A point estimate is a single numeric value, a "best guess" of a population parameter, calculated from the sample data.
Answer the following statement true (T) or false (F)
On January 1, a company purchased a five-year insurance policy for $1,800 with coverage starting immediately. If the purchase was recorded in the Prepaid Insurance account, and the company records adjustments only at year-end, the adjusting entry at the end of the first year is:
A. Debit Prepaid Insurance, $1,440; credit Insurance Expense, $1,440. B. Debit Insurance Expense, $360; credit Prepaid Insurance, $360. C. Debit Insurance Expense, $360; credit Prepaid Insurance, $1,440. D. Debit Prepaid Insurance, $1,800; credit Cash, $1,800. E. Debit Prepaid Insurance, $360; credit Insurance Expense, $360.
Describe how a lack of funds affects the use of each of the promotional tools for a small, financially strapped company. Describe the trade-offs that occur between funds available and other aspects of promotion.
What will be an ideal response?
Which of the following correctly lists auditor opinions from most to least favorable?
A. disclaimer, unqualified, adverse, qualified B. unqualified, qualified, adverse, disclaimer C. qualified, unqualified, disclaimer, adverse D. unqualified, qualified, disclaimer, adverse