In designing a service-delivery system, a good job and process design can usually overcome a poor location
Indicate whether the statement is true or false
F
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One of the major functions of criminal law in general is to compensate parties for damages caused by another's conduct.
Answer the following statement true (T) or false (F)
Which of the following is a substantive procedure that an auditor most likely would perform to verify the existence of recorded accounts payable?
A. Investigating the open purchase order file to ascertain that prenumbered purchase orders are used and accounted for. B. Receiving the entity's mail, unopened, for a reasonable period of time after the year-end to search for unrecorded vendor's invoices. C. Confirming accounts payable balances with known suppliers who have zero balances. D. Vouching selected entries in the accounts payable subsidiary ledger to purchase orders and receiving reports.
An increase in a corporation's marginal tax rate will cause the corporation's after-tax cost of debt to
increase, other things remaining the same. Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Smoothing methods are more appropriate for a stable time series than when significant trend or seasonal patterns are present. 2. The exponential smoothing forecast for any period is a weighted average of all the previous actual values for the time series. 3. The mean squared error is obtained by computing the average of the squared forecast errors. 4. If a time series has a significant trend pattern, then one should not use a moving average to forecast. 5. For a time series with relatively little random variability, we should use larger values of the smoothing constant to provide the advantage of allowing the forecasts to react more quickly to changing conditions.