The quality of earnings refers to the substance of earnings and their sustainability into future periods
Indicate whether the statement is true or false
True
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In most occasions, customers will be able to tell what products they want and need
Indicate whether the statement is true or false
An institution is _______________?
a. A place where mad, bad and damaged people are confined b. An illegitimate sub-culture c. A recurrent patterned form of activity that fulfils basic functions for a society d. Defined by acts of parliament that allow one to do certain things
Manufacturing Overhead is a temporary account used to ________ indirect production costs during the accounting period
A) allocate B) assign C) accumulate D) approximate
About how many people are waiting in line at the machine on average?
The soda machine outside the lecture hall sees a steady stream of customers throughout the day. The machine takes 4 seconds to deliver a can of carbonated sugar water once the button is pressed and students generally know what they want from the machine - the average feeding of the machine takes two seconds. Over the course of a twelve hour lecture day, students arrive at the rate of 500 per hour. A) 0 B) 1 C) 2 D) 3