The knapsack problem is a special case of integer programming models
a. True
b. False
A
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The ________ test is used to determine whether an entity has monopoly power.
A. rule of reason B. bright-line C. vertical integration D. share of the relevant market
Rollie has always been known to speak slowly and to draw out his conversations while most of his friends speak more quickly. The slowness of Rollie’s speaking style falls under which area of paralanguage?
A. pitch B. volume C. rate D. pronunciation
Assume that the external auditor decides that because of work performed by internal auditors, the audit risk has been reduced to an acceptable level. As a result of this assessment, the auditor can do which of the following?
a. The auditor must test the assertions directly and document a separate conclusion. b. The auditor can decide that direct testing is not necessary. c. The auditor must delegate the responsibility of expressing an opinion to the internal auditors. d. The auditor can assume that inherent risk is zero.
The following information relates to the operations of Cruz Manufacturing during the current year: Raw materials used$20,000 Direct labor wages 60,000 Sales salaries and commissions 50,000 Depreciation on production equipment 4,000 Rent on manufacturing facilities 30,000 Packaging and shipping supplies 6,000 Sales revenue 190,000 Units produced and sold 10,000 Selling price per unit$20.00 Based on this information, what is the company's cost of goods sold?
A. $114,000 B. $120,000 C. $170,000 D. $86,000