The exponential probability distribution is used with
a. a discrete random variable.
b. a continuous random variable.
c. any probability distribution with an exponential term.
d. an approximation of the binomial probability distribution.
b
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During the month, Kimura Manufacturing incurred (not paid) $47,000 in direct labor costs in Department 1, $26,000 direct labor costs in Department 2, and $3500 of indirect labor costs. The summary journal entry to record these transactions includes a ________. Process costing is used.
A) credit to Manufacturing Overhead for $3500 B) debit to Work-in-Process Inventory for $73,000 C) credit to Wages Payable for $73,000 D) debit to Work-in-Process Inventory—Department 2 for $26,000
Usually use an explanatory title for illustrations
a. true b. false
An institution is _______________?
a. A place where mad, bad and damaged people are confined b. An illegitimate sub-culture c. A recurrent patterned form of activity that fulfils basic functions for a society d. Defined by acts of parliament that allow one to do certain things
Business markets are typically divided into four categories. These categories are
A. retailers, wholesalers, services, and nonprofit firms. B. producer, manufacturer, reseller, and government. C. producer, reseller, government, and institutional. D. manufacturer, wholesaler, retailer, and services. E. reseller, retailer, government, and institutional.