A work system has five stations that have process times of 5, 9, 4, 9, and 8. What is the bottleneck time?
A) 4
B) 9
C) 18
D) 35
E) 7
B
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?Which of the following functions of money encourages specialization in the production of goods and services?
A. ?Unit of account B. ?Store of value C. ?Standard of deferred payments D. ?Medium of exchange
A departmental store ad about a consumer tax problem would constitute ________ advertising.
A. issue B. event C. image D. trade E. direct-response
Responsibility accounting authorizes managers to take control of and be held accountable for the revenues and expenses in their budgets
Indicate whether the statement is true or false
A company changes from an accounting principle that is not generally accepted to one that is generally accepted. The effect of the change should be reported as a
a. change in accounting principle. b. change in accounting estimate c. correction of an error. d. change of accounting estimate effected by a change in accounting principle.