Intangible costs are those that can be accurately projected by the systems analyst and the business's accounting personnel

Indicate whether the statement is true or false


FALSE

Business

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Under utility regulatory accounting principles (RAP), the account "Utility Plant Acquisition Adjustment" reflects:

A. The difference between the fair market value of the utility plant and the amount paid for it, less accumulated depreciation. B. The difference between the amount paid for the utility plant less its current replacement cost. C. The difference between the amount paid for the utility plant less the fair market value of its tangible plant assets. D. The difference between the amount paid for utility plant and the amount originally paid by the utility that first placed the plant into public service, less accumulated depreciation.

Business

The manager of a grocery store has taken a random sample of 100 customers. The average length of time it took these 100 customers to check out was 3.0 minutes. It is known that the standard deviation of the population of checkout times is one minute. The 95% confidence interval for the true average checkout time (in minutes) is

a. 3:00 to 5:00 b. 1.36 to 4.64 c. 1.00 to 5.00 d. 2.804 to 3.196

Business

Globus Corp uses a software tool to manage its supply chain. This software tool is an ________ of the company's information system

A) instruction on the computer side B) actor on the human side C) instruction on the human side D) actor on the computer side

Business

A seasonal effect is one that repeats at fixed intervals of time, typically a year, month, week, or day

Indicate whether the statement is true or false

Business