The variance of a ?2 distribution is twice the value of its mean

Indicate whether the statement is true or false


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Business

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Which of the following replaces the retailing component "Purchases" in computing Cost of Goods Sold for a manufacturing company?

a. direct material used b. cost of goods manufactured c. total prime cost d. cost of goods available for sale

Business

During the bank reconciliation process, an accountant identified an error. This error involved a company check written for $200 to pay a supplier for goods purchased on credit by the company. The check was erroneously recorded in the company's records for $2,000. Which of the following entries would correct this error in the company's records?

A) Cash 1,800Accounts Payable 1,800 B) Cash 1,800Accounts Receivable 1,800 C) Account Receivable 1,800Accounts Payable 1,800 D) None of these, as the error should be corrected by the supplier's personnel.

Business

Lara is the owner of an event management company. For every project, Lara makes a chart to keep a track of multiple tasks that need to be accomplished simultaneously. From her chart, she finds the sequence of activities that will take the longest to complete. This helps her keep an eye on the project and address any issues that may delay the project. In this scenario, it can be inferred that Lara most likely uses _____ to execute her projects on time.

A. the critical path method B. a business rule engine C. rule-based machine learning D. an expert system

Business

In most illegal contracts, both parties are considered to be equally at fault, and neither party can enforce it or recover damages under it

Indicate whether the statement is true or false

Business