A summary description of a fixed characteristic or measure of the target population is called a standard deviation

Indicate whether the statement is true or false


FALSE

Business

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The price-earnings ratio is calculated by dividing:

A. Dividends per share by market value per share. B. Earnings per share by par value per share. C. Market value per share by earnings per share. D. Market value per share by dividends per share. E. Dividends per share by earnings per share.

Business

Neptune Fabrication Plant has provided you with the following information:


The company bases its manufacturing overhead allocation on direct labor hours. What was the unadjusted ending balance in the Manufacturing Overhead account?
A) $20,906 credit balance
B) $20,906 debit balance
C) $800 credit balance
D) $800 debit balance

Business

Russel’s ten-year-old company, now at 1,000 employees, has just been certified as a “great place to work” by the Great Place to Work® Institute. What can he expect for his company that those unable to get this designation cannot?

a. a lower manager-to-employee ratio b. stable profits c. higher levels of productivity d. a solid hierarchical structure

Business

Generally accepted accounting principles require accrual-basis accounting

Indicate whether the statement is true or false

Business