The United States benefits from outsourcing in all of the following ways EXCEPT
a. reduced costs and increased competitiveness for American producers.
b. new exports for American producers.
c. repatriated earnings into the American economy.
d. less tax revenue for the American government.
d. less tax revenue for the American government.
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Which of the following is a control problem related to segregation of duties?
a. Julie writes expense checks and Mark collects cash from customers. b. Bob order office supplies and deposits the company's checks. c. Steve records receivables and writes off bad debts. d. Rebecca records journal entries and orders lunch.
A one-sample nonparametric goodness-of-fit test to determine whether the observations for a particular variable could reasonably have come from a particular distribution is the ________
A) Kolmogorov-Smirnov one-sample test B) runs test C) binomial test D) Mann-Whitney U test
A company should classify land held for a planned manufacturing facility as
a. an intangible asset. b. an investment. c. a current asset. d. property, plant, and equipment.
The company's management is considering dropping the western territory and has determined that 90% of the fixed costs are avoidable. What is the change in the forecasted operating loss for the upcoming year if the western territory is dropped? Assume the company predicts an operating loss across the entire company.
Geo Company's western territory's forecasted income statement for the upcoming year is as follows:
A) The loss will be reduced by $160,000.
B) The loss will be increased by $160,000.
C) The loss will be reduced by $450,000.
D) The loss will be increased by $450,000.