The first unit of a product took 832 hours to build, and the learning curve is 75%. How long will it take to make the 10th unit? (Use at least three decimals in the exponent if you use the formula approach.)
A) less than 250 hours
B) from 251 to 275 hours
C) from 276 to 300 hours
D) from 301 to 325 hours
E) 325 or more hours
D
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Which of the following is a fraud scheme affecting the inventory?
a. Refreshing transactions b. Side agreements c. Double counting d. Lapping
?Other things held constant, which of the following will not affect the current ratio, assuming an initial current ratio greater than 1.0?
A. Fixed assets are sold for cash.? B. ?Long-term debt is issued to pay off current liabilities. C. ?Accounts receivable are collected. D. ?Cash is used to pay off accounts payable. E. ?A bank loan is obtained, and the proceeds are credited to the firm's checking account.
Indispensable paper includes:
A) documents of title. B) accounts receivable for a business. C) patents. D) a contract evidencing literary rights.
________ costs are a function of time, not sales, and are typically contractual
A) Fixed B) Semi-variable C) Variable D) Operating