The Sixth Amendment protects persons against self-incrimination, double jeopardy, and being charged with a capital offense except by grand jury indictment
a. True
b. False
Indicate whether the statement is true or false
False
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An important trend in services research is to measure only the negative consequences of service quality and ignore the positive because it does not need improvement.
Answer the following statement true (T) or false (F)
Michard Corporation makes one product and it provided the following information to help prepare the master budget for the next four months of operations:a.The budgeted selling price per unit is $125. Budgeted unit sales for April, May, June, and July are 7,600, 10,500, 13,800, and 12,900 units, respectively. All sales are on credit. b.Regarding credit sales, 20% are collected in the month of the sale and 80% in the following month. c.The ending finished goods inventory equals 20% of the following month's sales. d.The ending raw materials inventory equals 30% of the following month's raw materials production needs. Each unit of finished goods requires 4 pounds of raw materials. The raw materials cost $2.00 per pound. e.Regarding raw materials purchases, 30% are paid for in the month
of purchase and 70% in the following month. f.The direct labor wage rate is $25.00 per hour. Each unit of finished goods requires 3.0 direct labor-hours. g.The variable selling and administrative expense per unit sold is $3.40. The fixed selling and administrative expense per month is $80,000. The estimated selling and administrative expense for May is closest to: A. $35,700 B. $115,700 C. $77,130 D. $80,000
The null hypothesis in a chi-squared test of a contingency table is that the two nominal variables are ____________________
Fill in the blank(s) with correct word
Match the following terms with the appropriate definition.A. ShrinkageB. Credit periodC. Credit termsD. Purchase allowanceE. Discount periodF. Gross profitG. Periodic inventory systemH. Perpetual inventory systemI. Sales discountJ. Purchases discounts__1. An inventory accounting method that updates accounting records for each purchase and each sale of inventory.__2. An inventory accounting method that updates the accounting records for purchases and sales of inventory only at the end of a period.__3. The time period in which reduced payment can be made by the buyer because of a cash discount offered by a seller of goods on credit.__4. The loss of inventory from theft and deterioration.__5. A cash discount granted, from the view of the purchaser intended to encourage buyers to pay amounts
owed earlier.__6. Price reduction granted by the seller to a buyer of defective or unacceptable merchandise.__7. A cash discount granted from the view of the seller, indicated in the credit terms on the invoice.__8. The calculation of net sales minus cost of goods sold.__9. The description of the amounts and timing of payments from a buyer to a seller for a purchase.__10. The amount of time allowed before full payment is due. What will be an ideal response?