Evolutionary Solver is primarily used to solve models where:
a. some or all of the changing cells are restricted to be binary and/or integer
b. the objective cell and constraints are "smooth" functions of the changing cells
c. there are numerous constraints
d. the objective call and constraints are "nonsmooth" functions of the changing cells
d
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Exhibit 22-5 Daniel Company, having a fiscal year ending on December 31, discovered the following errors in 2016: · A collection of $12,000 from a customer for rent related to January, 2017, was recorded as revenue in 2016. · Depreciation was understated by $600 in 2016. · The January 1, 2015, inventory was overstated by $10,000. · The January 1, 2016, inventory was understated by $6,000. ·
Insurance premiums of $2,000 that relate to 2017 were expensed in 2016 when paid. ? Assume no other errors have occurred and ignore income taxes. ? Refer to Exhibit 22-5. Net income for 2016 was A) overstated by $4,600. B) overstated by $16,600. C) understated by $5,400. D) understated by $5,200.
Usually the open voucher payable file is organized by
a. vendor b. payment due date c. purchase order number d. transaction date
Which of the following is used to calculate the number of units to account for under the first-in, first-out (FIFO) method of inventory valuation of process costing? This is the second department in a company using process costing.
A) To account for = Beginning balance + Started and completed + In process B) To account for = Beginning balance + Amount transferred in C) To account for = Beginning balance + In process D) To account for = Beginning balance + Started and completed
Answer the following statements true (T) or false (F)
Proregulation arguments as well as arguments for unregulated markets are largely deductively reasoned rather than empirically researched.