A book or perpetual inventory system allows gross margins to be calculated with a cost method of accounting system

Indicate whether the statement is true or false


True

Business

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Which of the following is an example of unrelated diversification?

A. Using the same distribution B. Creating a new management information system C. Advertising in the same newspapers D. Purchasing from the same vendors E. Operating in similar locations

Business

Which investigative method is most useful after you have gathered other types of evidence and know who to interview and what questions to ask?

a. Inquiry b. Theft c. Concealment d. Conversion

Business

Tony, the human resources manager for TopShelf Beverages, is confidentially working with line managers to lay off a significant portion of the work force, while simultaneously processing generous retention bonuses and sizeable salary increases for top executives, one of whom Tony is also investigating for corrupt management practices. Feeling conflicted, Tony remembers that human resources managers typically face greater ________ challenges than other managers.

A. operational B. fiscal C. ethical D. planning E. profit and loss

Business

The proprietor of a boutique in New York wanted to determine the average age of his customers. A random sample of 53 customers revealed an average age of 28 years with a standard deviation of 4 years. Determine a 98% confidence interval estimate for the average age of all his customers.

What will be an ideal response?

Business