Traditional client/server architecture is also called 3-tier
architecture.
Indicate whether the statement is true or false
F
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Salaries of supervisory production personnel should be classified as direct labor costs
Indicate whether the statement is true or false
Clough Company is interested in establishing the relationship between utility costs and machine hours. Data have been collected and a regression analysis prepared using Excel. The monthly data and the regression output follow:MonthMachine HoursUtilityCostsJanuary3,250$22,080 February3,770 25,200 March2,470 16,200 April4,030 27,600 May4,940 33,900 June4,290 26,400 July5,330 29,700 August4,550 27,300 September2,600 18,600 October4,810 31,200 November6,110 37,200 December5,460 33,300 SUMMARY OUTPUTRegression StatisticsMultiple R96.5%R Square93.2%Adjusted R-Square92.5%Standard Error1,710.21 Observations12.00 CoefficientsStandard Errort StatP-valueLower 95%Upper 95%Intercept4,472.262,019.392.210.051-27.238971.74Machine
Hours5.3290.45511.703.69E-074.3146.343Required:(a.) What is the equation for utility costs using the regression analysis?(b.) Does the variable "machine hours" have statistical significance? Explain.(c.) Prepare an estimate of utility costs for a month when 3,000 machine hours are worked. What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1. The three functions of money are: acceptability, divisibility, and portability. 2. In order to be useful as medium of exchange money should have the following characteristics: acceptability, divisibility, portability, durability, stability, and scarcity. 3. In order to serve as an effective medium of exchange there should be an unlimited supply of money. 4. The M1 supply of money includes time deposits and money market accounts. 5. Currency only represents about 30 percent of M1.
Which category would a flexible and externally focused company be called on the competing values framework? Describe and give an example of this type of company.
What will be an ideal response?