Effective capacity is typically larger than design capacity

Indicate whether the statement is true or false


FALSE

Business

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The following information has been obtained from the Massena Corporation: 100,000 shares of common stock were outstanding on January 1, 2018.  30,000 shares of common stock were issued on March 1, 2018.  A 2-for-1 stock split was declared on April 1, 2018.  The 2-for-1 stock split was distributed on May 1, 2018.  10,000 shares of common stock were purchased on October 1, 2018.   What is the weighted average number of shares to be used in the calculation of basic earnings per share for 2018?

A. 247,500 B. 209,167 C. 230,833 D. 216,250

Business

Andy is a member of more than one group. It may be said that Andy’s role is that of which of the following?

A. bridge B. star C. gatekeeper D. hub

Business

When tracing a sample of shipping documents from throughout the year to the details of the sales invoices and to the sales journal and customers' accounts receivable subsidiary ledger, the auditor is testing the ________ assertion.

A. cutoff B. classification C. completeness D. existence

Business

Describe the purpose of a SWOT analysis

What will be an ideal response?

Business