The calculation for days in payables is very similar to days sales outstanding and days in inventory.

Answer the following statement true (T) or false (F)


True

Business

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The earnings of workers whose services are considered to be direct labor must be charged to the proper factory overhead accounts

a. True b. False Indicate whether the statement is true or false

Business

Which of the following refers to a set of procedures in which the sample size and sample statistics are used to make estimates of population values or facts?

A) sample logic B) deductive statistics C) statistical deduction D) generalization E) deductive logic

Business

Which of the following is any method a firm uses to complete an exchange that does NOT require a customer to visit a store?

A) kiosk merchandising B) nonstore retailing C) direct selling D) exchange retailing E) e-commerce

Business

A U.S. manufacturing worker’s average hourly compensation is approximately equal to ______.

a. the weekly average compensation for a manufacturing worker in Sri Lanka b. the weekly average compensation for a German manufacturing worker c. the monthly average compensation for a manufacturing worker in Sri Lanka d. the monthly average compensation for a German manufacturing worker

Business