Distinguish between utilization and efficiency
What will be an ideal response?
Both are ratios, not item counts. Both use actual output in the ratio numerator. Utilization is the ratio of actual output to design capacity, so it measures output as a fraction of ideal facility usage. Efficiency is the ratio of actual output to effective capacity, so it measures output as a fraction of the practical or current limits of the facility. Utilization will be lower than efficiency.
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Electronic technologies have made it possible to settle disputes online. However, arbitration is not possible in electronic dispute resolution.
What will be an ideal response?
Discuss ways to ensure the presentation ends with a strong close
What will be an ideal response?
Relevance and reliability are two primary qualities that make accounting information useful for decision making
Indicate whether the statement is true or false
If you are using a general idea or definition to make a specific case, you are using what method of reasoning?
a. deductive b. inductive c. emotive d. logical