Taking advantage of a party in a contract situation due to the party's inexperience, and not due to any lack of disclosure on your part, is ethical
Indicate whether the statement is true or false
FALSE
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An inflation rate exceeding 50 percent per month is referred to as
A. hyperinflation. B. deflation. C. disinflation. D. core inflation.
Park, Inc purchased merchandise from Jay Zee Music Company on June 5, 2015 . The goods were shipped the same day. The merchandise's selling price was $15,000 . The credit terms were 1/10, n/30 . The shipping terms were FOB shipping point. Park received the merchandise on June 10, 2015 . Park paid the amount due on June 13, 2015. If Park uses the periodic inventory system, the effect of recording
the payment on June 13, 2015, will include a. a decrease to Purchases for $15,000. b. an increase to Inventory for $14,850. c. a decrease to Cash for $15,000. d. a decrease to Accounts Payable for $15,000.
Situational pressure includes personal or job related stresses that could coerce an individual to act dishonestly
Indicate whether the statement is true or false
In order to estimate the average electric usage per month, a sample of 64 houses was selected and the electric usage was determined. Assume a population standard deviation of 320 kilowatt-hours. If the sample mean is 1858 kWh, the 95% confidence interval estimate of the population mean is _____ kWh.
A. 1779.6 to 1936.4 B. 1818 to 1898 C. 1792.2 to 1923.8 D. 1538 to 2178