The expected net gain of sampling equals the expected ______________ minus the cost of sampling.
A. payoff of sampling
B. payoff of no sampling
C. value of sample information
D. value of perfect information
E. utility
C. value of sample information
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The entry to record the issue for cash of 1,000 shares of $40 par common stock at $45 per share would include a ________
a. debit to Cash for $45,000 and a credit to Paid-In Capital in Excess of Par for $45,000 b. debit to Cash for $45,000, a credit to Common Stock for $40,000, and a credit to Paid-In Capital in Excess of Par for $5,000 c. debit to Cash for $5,000 and a credit to Common Stock for $5,000 d. debit to Cash for $45,000 and a credit to Common Stock for $45,000
Activity-based budgeting:
A) builds a budget for each function. B) classifies costs as variable or fixed with respect to the activity output measure. C) identifies only the overhead activity. D) all of these.
A drawback of Gantt charts is ______.
a. they may not show the exact sequencing of one activity to another b. they are complex to develop c. they are time-consuming to develop d. they are expensive to develop
Whether a corporation is a de facto corporation may be challenged by:
A) an individual. B) another corporation. C) the state. D) Any of these.