The number of television sets produced from an assembly line each day is known to have a standard deviation of 17.4 sets per day. The production line averaged 452.3 sets per day for 20 randomly selected days
Which of the following represents a 95% confidence interval for the population mean number of sets per hour?A) 452.3 ± 9.4
B) 452.3 + 11.3
C) 452.3 ± 13.8
D) 452.3 ± 7.63
D
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The FDA enforces both specific and general standards for food safety.
Answer the following statement true (T) or false (F)
Only events that can be measured will be reflected in the journal entries
a. True b. False Indicate whether the statement is true or false
For each analytical procedure listed below, identify a potential misstatement in the property management accounts it could help find.a. Compute the ratio of depreciation expense to the related property, plant, and equipment accounts and compare to prior years' ratios.b. Compare monthly or annual repairs and maintenance with previous years.c. Compute ratio of insurance expense to the related property, plant, and equipment accounts and compare to prior years' ratios.
What will be an ideal response?
A debit balance in the Allowance for Doubtful Accounts
A) is the normal balance for that account. B) indicates that actual bad debt write-offs have been less than what was estimated. C) cannot occur if the percentage of receivables method of estimating bad debts is used. D) indicates that actual bad debt write-offs have exceeded previous provisions for bad debts.