True or False The appropriate methods for representing the data do not depend on whether the variable of interest is quantitative or qualitative

Indicate whether the statement is true or false


F

Business

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On December 31 of the current year, Plunkett Company reported an ending inventory balance of $211,500. The following additional information is also available:? Plunkett sold and shipped goods costing $37,300 to Savannah Enterprises on December 28 with shipping terms of FOB shipping point. The goods were not included in the ending inventory amount of $211,500. ? Plunkett purchased goods costing $43,300 on December 29. The goods were shipped FOB destination and were received by Plunkett on January 2 of the following year. The shipment was a rush order that was supposed to arrive by December 31. These goods were included in the ending inventory balance of $211,500. ? Plunkett's ending inventory balance of $211,500 included $14,300 of goods being held on consignment from Carole

Company. (Plunkett Company is the consignee.) ? Plunkett's ending inventory balance of $211,500 did not include goods costing $94,300 that were shipped to Plunkett on December 27 with shipping terms of FOB destination and were still in transit at year-end. Based on the above information, the amount that Plunkett should report in ending inventory on December 31 is: A. $205,500 B. $197,200 C. $191,200 D. $168,200 E. $153,900

Business

If Rudy offers Oscar $200 for his laptop valued at $600 and Oscar agrees, a court will probably

a. set aside the agreement as being unfair. b. set aside the agreement because the consideration is inadequate. c. not set aside the agreement based on the adequacy of the consideration. d. not set aside the agreement because of the UCC.

Business

________ are numbers equally likely to be chosen from a large population of numbers

Fill in the blank with correct word.

Business

Which of the following is the basic configuration for processing online payments where the merchant system deals only with order information?

A) own the payment software B) use a point of sale system operated by a payment service provider C) use a point of sale system operated by an acquirer D) require the payee to utilize specialized software

Business