The adjusting entry to record an accrued revenue is:
A. Increase an expense; increase a liability.
B. Increase an expense; decrease a liability.
C. Increase an asset; increase revenue.
D. Decrease a liability; increase revenue.
E. Increase an expense; decrease an asset.
Answer: C
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Answer the following statements true (T) or false (F)
1.There are three easy stages to the forgiveness process. 2.One of the stages in the forgiveness process is to realize that forgiveness 3.Felicia has begun to recognize that anger does not feel good and is desiring to repair the damage to her relationship with Paul. This is an example of one of the stages of the forgiveness process. 4.People unable to forgive a violation of trust put themselves in danger of experiencing not just emotional difficulties and interpersonal problems but also impaired cardiovascular, neurological, and immune systems. 5.Bruce is not accepting of others’ flaws and is able to ignore his own, thus increasing his chances of deriving satisfaction from his relationships. This is an example of effective forgiveness.
The major advantage of survey research is its flexibility
Indicate whether the statement is true or false
Clough Company is interested in establishing the relationship between utility costs and machine hours. Data have been collected and a regression analysis prepared using Excel. The monthly data and the regression output follow:MonthMachine HoursUtilityCostsJanuary3,250$22,080 February3,770 25,200 March2,470 16,200 April4,030 27,600 May4,940 33,900 June4,290 26,400 July5,330 29,700 August4,550 27,300 September2,600 18,600 October4,810 31,200 November6,110 37,200 December5,460 33,300 SUMMARY OUTPUTRegression StatisticsMultiple R96.5%R Square93.2%Adjusted R-Square92.5%Standard Error1,710.21 Observations12.00 CoefficientsStandard Errort StatP-valueLower 95%Upper 95%Intercept4,472.262,019.392.210.051-27.238971.74Machine
Hours5.3290.45511.703.69E-074.3146.343Required:(a.) What is the equation for utility costs using the regression analysis?(b.) Does the variable "machine hours" have statistical significance? Explain.(c.) Prepare an estimate of utility costs for a month when 3,000 machine hours are worked. What will be an ideal response?
Four hundred and eighty minutes of production time are available per day. The schedule calls for the production of 80 units per day. Each unit of the product requires 30 minutes of work. What is the theoretical minimum number of workstations?
A) 2 B) 3 C) 4 D) 5 E) 6