The Change Fund is debited when the fund is established and when cash is deposited at the end of each business day

Indicate whether the statement is true or false


false

Business

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Two boys held up a liquor store at gunpoint and ran off with a bag of money. The police saw them run into Jill's apartment building where there are only four apartments off a common hall and no apparent way out of the building but the front door. The police knock on Jill's door. She says she's the only one there. The police can:

a. search the apartment without a warrant because Jill voluntarily answered the door. b. search the apartment without a warrant because they are in hot pursuit of the thieves. c. not search the apartment, because they have no reason to believe that the boys are in Jill's apartment rather than the others. d. not search the apartment because voluntary consent to enter is necessary.

Business

Use the information in Scenario 9.3. How many times per year must Talbot order the XO-01 when orders are placed using the EOQ quantity?

A) less than 10 times per year B) greater than 10 times but less than or equal to 20 times per year C) greater than 20 times but less than or equal to 30 times per year D) greater than 30 times per year

Business

The terms which specify who owns and pays for the cost of the transportation are:

A) incoterms. B) freight on board (FOB) terms. C) both A and B D) neither A nor B

Business

A regression analysis between sales (in $1000) and price (in dollars) resulted in the following equation: = 60 - 8x The above equation implies that an

a. increase of $1 in price is associated with a decrease of $8 in sales. b. increase of $8 in price is associated with a decrease of $52,000 in sales. c. increase of $1 in price is associated with a decrease of $52 in sales. d. increase of $1 in price is associated with a decrease of $8000 in sales.

Business