A voucher

A.  Is a bill from the vendor.
B.  Is a document that records the receipt of goods.
C.  Is a document that requests goods from an authorized individual in the entity.
D.  Serves as the basis for recording a vendor's invoice in the purchases journal.


D.  Serves as the basis for recording a vendor's invoice in the purchases journal.

Business

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A customer is instructed to send his remittance advice and check to a bank's postal address. This method for collecting customer cash receipts is called:

a. electronic funds transfer b. automated clearing house c. Check 21 d. Lockbox

Business

Suppose that 9 observations are drawn from a normal population whose standard deviation is 2 . The observations are: 15, 9, 13, 11, 8, 12, 11, 7, and 10 . At 95% confidence, you want to determine whether the mean of the population from which this sample was taken is significantly different from 10

a. State the null and alternative hypotheses. b. Compute the value of the test statistic. c. Compute the p-value. d. Interpret the results.

Business

Consensus decision making is:

a. Small group makes the decision b. When everyone has to come to an agreement c. Everyone gets a vote and majority rules d. Decision is made by one person

Business

The solution procedure that was introduced in the book for decision trees is called the

A. folding-back procedure. B. single-stage method. C. risk profile method. D. precision tree method.

Business