Which of the following is FALSE regarding the International Organization for Standardization?
a. It is represented by the letters ISO.
b. It was created in 1966.
c. It is based in Geneva, Switzerland.
d. It has representatives from various national standards organizations.
b. It was created in 1966.
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Conflicts between two mutually exclusive projects occasionally occur, where the NPV method ranks one project higher but the IRR method ranks the other one first. In theory, such conflicts should be resolved in favor of the project with the higher positive NPV.
Answer the following statement true (T) or false (F)
Unlike merchandising companies, income statements of service companies include cost of goods sold as a line item
Indicate whether the statement is true or false
The means test forces more people to file for Chapter 7 bankruptcy rather than gave their debts discharged under Chapter 13
a. True b. False Indicate whether the statement is true or false
If the average number of customers served per hour is five, then the probability that the service exceeds 21 minutes for any customer is ______.
a. 74.1% b. 54.9% c. 36.8% d. 17.4%