______ are designed to clarify intended meanings of concepts.

a. Descriptions
b. Definitions
c. Explanations
d. Analogies


b. Definitions

Business

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Sunfish Construction Company uses the percentage-of-completion method of accounting. In 2014, Sunfish began work on a project which had a contract price of $1,600,000 and estimated costs of $1,200,000 . Additional information is as follows: 2014 2015 Costs incurred during the year ............ $240,000 $1,060,000 Estimated costs to complete, as of 12/31/14 ................................ 960,000

Billings during the year .................. 290,000 1,310,000 Collections during the year ............... 250,000 1,200,000 The amount of gross profit Sunfish should recognize on this contract during 2014 is a. $40,000. b. $80,000. c. $100,000. d. $200,000.

Business

When a data set is summarized by counting the number of times each value for a variable occurs in the sample, this is known as a ____________________.

Fill in the blank(s) with the appropriate word(s).

Business

As discussed in the text, False Claims Act or qui tam suits have been successful in the health care industry. The text mentions several things that all these successful claims have in common. Discuss those things

Business

A young professor becomes obsessed with the latest release of Halo and completely loses sight of his research commitment to his colleagues, falling hopelessly behind schedule and consuming 80% of the department's computing budget. Addictive behavior notwithstanding, this sad tale would never have happened had:

A) Configuration controls been established. B) Trend monitoring been regularly performed. C) Design controls been appropriately deployed. D) Document control been conducted assiduously.

Business