Gate two of the rational unified process (RUP) methodology is elaboration and this phase expands on the agreed-upon details of the system, including the ability to provide an architecture to support and build it.
Answer the following statement true (T) or false (F)
True
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Tums claims to have the most acid-reducing components of any antacid. In what way is the brand's category membership being conveyed?
A) comparing to exemplars B) relying on the product descriptor C) announcing category benefits D) focusing on reliability E) persuasion based on believability
When a notes receivable is outstanding at the end of an accounting period, ________.
A) no adjusting entry is needed B) the revenue recognition principle requires that earnings from the note be recorded in the year the cash is received C) the total interest on the note should be recorded in an adjusting entry D) the interest revenue earned on the note up to year-end is part of that year's earnings
Which inventory cost flow method assigns the average unit cost to all units whether sold or left in ending inventory?
A) Specific identification B) Weighted average C) FIFO D) LIFO
Wellmann Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for February. Fixed Element per MonthVariable Element per Customer ServedActual Total for FebruaryRevenue $4,800$149,500Employee salaries and wages$50,500 $1,200$85,800Travel expenses $600$18,400Other expenses$41,000 $40,100?When the company prepared its planning budget at the beginning of February, it assumed that 35 customers would have been served. However, 31 customers were actually served during February.?The spending variance for total expenses for February would have been closest to:
A. $3,000 F B. $10,200 U C. $10,200 F D. $3,000 U