Whenever the population has a normal probability distribution, the sampling distribution of 
is a normal probability distribution for
A. large sample sizes.
B. small sample sizes.
C. any sample size.
D. samples of size thirty or greater.
Answer: C
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There are four main levels of corporate social responsibility. Which of the levels of responsibility includes a concern with conducting business affairs in a sound and fair manner?
A. economic B. legal C. ethical D. discretionary
Answer the following statements true (T) or false (F)
1. The accounting rate of return method focuses on operating income instead of net cash inflow generated by an asset. 2. The accounting rate of return also is known as the average rate of return or annual rate of return. 3. The Accounting Rate of Return method evaluates the lifetime return of an investment, whereas Return on Investment evaluates the annual return of an investment. 4. If the expected accounting rate of return meets or exceeds the required rate of return, the decision rule is to not make the investment. 5. The accounting rate of return is calculated by dividing the average annual operating income by the average amount invested.
At the end of the current year, $3,700 fees have been earned but have not been billed to clients. Journalize the adjusting entry to record the accrued fees
Which is the best description of the cost of production report?
A) The production report provides information about the manufacturing costs incurred by the department. B) The report provides information about the physical units processed by the department. C) The production report is the document that summarizes the manufacturing activity that takes place in a process department for a given period of time. D) none of these answers