In regression, there is random error that can be predicted

Indicate whether the statement is true or false


FALSE

Business

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When a note receivable has been discounted by a company

a. An account called discount on notes receivable is used. b. It will be shown as an asset of the company. c. It slows the collection process. d. It may be shown as a contingent liability in the footnotes.

Business

Explain equity theory, and discuss how managers can use this model to help motivate workers. Give an example from your own experience of an inequitable situation, and use it to illustrate how people react to such circumstances.   

What will be an ideal response?

Business

In a quality audit, the auditor will review management's processes for certification to provide reasonable assurance that those processes are adequate and that they can be relied upon

a. True b. False Indicate whether the statement is true or false

Business

Australia Company sells a product for $500 cash to Martin and Lewis Enterprises. This transaction will be recorded in the ________.

A) cash payments journal B) sales journal C) cash receipts journal D) purchase journal

Business