Utilization is the degree to which equipment, space, or the workforce is currently being used, measured as the ratio of average output rate to the maximum capacity
Indicate whether the statement is true or false
TRUE
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Which of the following can be found on the statement of cash flows?
a. cash flows from operating activities b. total assets c. total changes in stockholders' equity d. changes in retained earnings
Attribute sampling is used in which of the following situations?
a. Testing rates of deviations of controls. b. Testing the reasonableness of account balances. c. Need to estimate some amount. d. Both A and B.
Apart from business growth, there are a number of other good reasons for selling products internationally. Which of the following are valid reasons?
a. to spread risk b. the firm has excess production capacity c. to extend the product life cycle d. all of the above e. none of the above
Consumers described as laggards tend to rely on group norms when deciding to adopt an innovation.
Answer the following statement true (T) or false (F)