The final stage of team development is norming
Indicate whether the statement is true or false
False
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Which of the following is a test of merchantability for all sales contracts?
A. The goods conform to the general description of the goods available in the market. B. The goods need not necessarily be packaged or labeled adequately. C. The goods conform to any promises or statements of fact made on the container or label. D. The goods are of different kind, quality, and quantity within each unit.
The r2 statistic measures the proportion of variation in one variable that is explained by the other
Indicate whether the statement is true or false
During September, Excom sold 100 radios for $50 each. Each radio cost Excom $30 to purchase, and carried a two-year warranty. If 5% typically need to be replaced over the warranty period and one is actually replaced during September, for what amount in September would Excom debit Product Warranty Expense?
A) $50 B) $150 C) $30 D) $120
Newman Products is preparing their first quarter production budget. The desired ending inventory of finished goods for the month of January becomes:
A) the required production for the month of January. B) the budgeted sales for the month of February. C) the beginning inventory for the month of February. D) the required production for the month of February.