An (M/D/1 ) queuing model is classified as probabilistic
Indicate whether the statement is true or false
FALSE
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On November 2, 2016, Quaint General Store concluded that a customer's $400 account receivable was uncollectible and that the account should be written off. What effect will this write-off have on Quaint's 2016 net income and balance sheet totals assuming the allowance method is used to account for bad debts?
a. Decrease in net income; decrease in total assets b. Increase in net income; no effect on total assets c. No effect on net income; decrease in total assets d. No effect on net income; no effect on total assets
A debit:
A. Always decreases an account. B. Always increases liability accounts. C. Is the left-hand side of a T-account. D. Always increases an account. E. Is the right-hand side of a T-account.
Because it serves a broad user population, a public library will be able to contribute little information for business research
Indicate whether the statement is true or false
Under the Taft-Hartley Act, if a newly certified union is unable to obtain a labor agreement within a year of winning its certification election, then
A. the union is decertified. B. the union representatives must be replaced with newly elected officials. C. employees must accept arbitration for every grievance until an agreement is reached. D. employees are allowed to vote the union out through a decertification election.