The rate of increase in prices of items purchased by a particular individual is called the
a. federal funds rate.
b. consumer confidence index.
c. personal inflation rate.
d. consumer price index.
c
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What is the term for a calculation (using encryption technologies) based on the contents of a disk or file that are engineered so that even small changes in the source data will produce significantly different checksum results?
a. cyclic random check number b. cyclic redundancy check number c. cyclic repetition check number d. random variable check number
Pioria Products assigns overhead to specific jobs based on machine hours. At the beginning of the current year, estimated overhead costs were $2,150,000 and estimated machine hours were 500,000. By the end of the year, actual overhead costs were
calculated to be $2,000,000 and actual machine hours were 475,000. Required: A. Calculate the predetermined overhead rate. B. How much overhead would be applied to a particular job that required 315 machine hours? C. How much total overhead was applied during the year? D. By how much was overhead over- or underapplied for the year? Be sure to indicate whether it was over- or underapplied.
The belief that the freedom to determine prices and competition without the interference of the government or the guilds would result in the best economic outcome is:
a. traditional economics. b. command economy. c. laissez-faire economics. d. mixed economy.
In which of the columns of the worksheet would Net Income be found?
A) the unadjusted trial balance credit column, the adjusted trial balance credit column, and the balance sheet credit column B) the unadjusted trial balance debit column, the adjusted trial balance debit column, and the balance sheet debit column C) the balance sheet debit column and the income statement credit column D) the balance sheet credit column and the income statement debit column