Given the failure rate of a component, we can calculate MTBF as ______.
A. the range of the failure rate across many tested components
B. the standard deviation of the failure rate across many tested components
C. the square of the failure rate
D. the reciprocal of the failure rate
D. the reciprocal of the failure rate
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Which of the following items is not a control plan of the AP/CD process?
a. check for authorized prices, terms, freight, and discounts b. independent validation of vendor invoices c. independent authorization to make payment d. reconcile bank account
Chile's economic reforms mostly lean toward nationalization instead of privatization
Indicate whether the statement is true or false
The debt to equity ratio equals
a. stockholders' equity divided by total liabilities. b. stockholders' equity divided by long-term liabilities. c. total liabilities divided by stockholders' equity. d. current liabilities divided by average stockholders' equity.
Which of the following statements regarding the information disclosed in financial statements is incorrect?
A. Some information disclosed in financial statements may be irrelevant to some users. B. Financial statements should be detailed enough to answer any financial-related question an investor might have. C. The costs of providing all possible information about a firm would be prohibitively high for the business. D. When too much information is presented users may suffer from information overload.