Depreciation should not be recorded for an asset that is increasing in value
Indicate whether the statement is true or false
False
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In attribute sampling, which of the following does the risk of incorrect acceptance deal with?
a. Effectiveness. b. Efficiency. c. Reliability. d. Both A and B.
Customers almost never buy products from someone they dislike
Indicate whether the statement is true or false
Alex worked for years for MegaCorp During his employment with MegaCorp, he learned a great deal of confidential information and knew that if this information got into the hands of competitors or the general public, MegaCorp could suffer great business
losses. Alex claims that he was wrongfully fired by MegaCorp and accordingly he believes he has no obligation to MegaCorp to keep any information he acquired with them as confidential. MegaCorp claims that Alex is under a continuing duty to keep confidential information secret, even though he is no longer with the company. Who is right? Why?
A local "home TV repair service" company has two repairmen who make all of the home repairs. The company sends Repairman D on 70 percent of all jobs,
because the likelihood of a "second follow-up call" within a week is only 0.08 compared to 0.20 for Repairman K. If you had a recent repair job that is going to require a second follow-up call, what is the probability that Repairman K did your initial repair work?