Personnel fringe benefits are an example of a(n) ____ cost

a. direct cost
b. indirect cost
c. intangible cost
d. nonrecurring cost


B

Business

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Puffery exists when a firm makes an exaggerated statement about a good or service, while a claim is a factual statement made about a good or service

Indicate whether the statement is true or false

Business

A dry cleaner has a single drive-thru window for customers. The arrival rate of cars follows a Poisson distribution, while the service time follows an exponential distribution

The average arrival rate is 16 per hour and the average service time is three minutes. (a) What is the average number of cars in the line? (b) What is the average time spent waiting to get to the service window? (c) What percentage of time is the dry cleaner's drive-thru window idle? (d) What is the probability there are more than 2 cars at the drive-thru window?

Business

Human resources management consists of or includes all activities involved in acquiring, maintaining, and developing an organization's human resources.

Answer the following statement true (T) or false (F)

Business

To be negotiable, an instrument cannot be portable.

Answer the following statement true (T) or false (F)

Business