Cost behavior refers to the methods used to estimate costs for use in managerial decision making

Indicate whether the statement is true or false


False

Business

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If Crab Shack Company has a current ratio of 2.5 and current assets of $195,000, the amount of working capital is:

a. $117,000 b. $330,000 c. $380,000 d. $78,000

Business

A sole proprietorship lacks continuity on the death of the proprietor

a. True b. False Indicate whether the statement is true or false

Business

A weak entity is an entity that cannot exist in the database without (and is logically dependent upon) another type of entity also existing in the database

Indicate whether the statement is true or false

Business

The information technology department is frustrated because they are constantly training one group on the same issue. The department manager reports it is the ________ to learn the system and not expect repetitive training.

A. common courtesy B. users' right C. users' responsibility D. vendor's responsibility E. a network problem

Business