The RISKSIMTABLE function is used to summarize the results of a single simulation of product lifetime
a. True
b. False
Indicate whether the statement is true or false
False
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The major retailers in a shopping center, typically large department stores or big-box stores, are referred to as the ________ stores.
A. anchor B. leader C. parasite D. location rival E. alpha
Coding ________ questions is relatively simple since the response options are predetermined
A) unstructured B) open-ended C) structured D) free-flowing E) uniform
Budde Chemicals produces two industrial chemical compounds, X15 and Z24, from the same process, which last year cost $600,000 . Budde produced 10,00 . gallons of X15, which sells for $40 per gallon and 40,00 . gallons of Z24, which sells for $20 per gallon. Using the relative sales method, how much of the joint cost should be allocated to X15?
a. $200,000 b. $400,000 c. $120,000 d. $150,000
Ending inventory for 2012 is overstated by $5,500 due to a faulty count and costing. The tax rate is 39%. Assume the same accounting methods for both financial reporting and taxes. The error is discovered late in 2014 . The 2014 annual report shows the financial statements for 2012 . 2013 . 2014 on a comparative basis. Which of the following is correct regarding the reporting of this error in the
2014 annual report? a. A journal entry is made to report the prior period adjustment, and the 2012 and 2013 statements are shown corrected. b. No journal entry is needed, and the 2012 and 2013 statements are shown as they were in the 2013 annual report. c. No journal entry is needed, and the 2012 and 2013 statements are shown corrected. d. A journal entry is made to report the prior period adjustment, and the 2012 and 2013 statements are shown as they were in the 2013 annual report.