...Which statement is true or false Click Link Below To Buy: http://hwcampus.com/shop/which-statement-is-true-or-false/ 1. The costs of activities that are classified as unit-level should be proportional to the number of units produced. 2. Batch-level activities are performed each time a batch is handled or processed, regardless of how many units are in the batch. 3. Product-level activities relate to specific products and typically must be carried out regardless of how many batches are run or units of product are made. 4. Activity-based management seeks to eliminate waste by allocating costs to products that waste resources. 5. Activity-based costing may supplement, rather than replace, a company"s formal cost accounting system. 6. In activity-based costing, nonmanufacturing costs as well as manufacturing costs may be assigned to products. 7. When activity-based costing is used for internal decision-making, the costs of idle capacity should be considered period costs that flow through to the income statement as an expense of the current period. 8. A transaction driver provides a simple count of the number of times that an activity occurs. 9. In activity-based costing, all manufacturing costs must be included in product costs. 10. The first-stage allocation in activity-based costing is the process by which overhead costs are assigned to activity cost pools. 11. The activity rates computed in activity-based costing can provide valuable clues concerning where...
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...Here Question 1 True/False 0 points Modify Remove Question The need for assurance services arises because the interests of the users of information may be different from that of the interests of those responsible for providing information. Answer True False Add Question Here Question 2 True/False 0 points Modify Remove Question An audit of financial statements is a form of attestation service. Answer True False Add Question Here Question 3 True/False 0 points Modify Remove Question Independence is an attribute necessary to perform assurance services. Answer True False Add Question Here Question 4 True/False 0 points Modify Remove Question A bank using Milton Company's financial statements to determine the creditworthiness of a potential loan to Milton is a good example of the need for unbiased reporting. Answer True False Add Question Here Question 5 True/False 0 points Modify Remove Question Independence is only required for assurance service providers. Answer True False Add Question Here Question 6 True/False 0 points Modify Remove Question A CPA automatically qualifies as an assurance provider in all areas of business. Answer True False Add Question Here Question 7 True/False 0 points Modify Remove Question Attestation services are a subset of assurance services and always involve a report that goes to a third party. Answer True False Add Question Here Question 8 True/False 0 points Modify ...
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...are made in the form of sentences. Such verbal or written assertions, called statements (or propositions), are declarative sentences that are either true or false—but not both. For example, the following are statements, and we use the lowercase letters of the alphabet (such as p, q, and r) to represent these statements. p: Combinatorics is a required course for sophomores. q: Margaret Mitchell wrote Gone with the Wind. r: 2 + 3 _ 5. The preceding statements represented by the letters p, q, and r are considered to be primitive statements, for there is really no way to break them down into anything simpler. New statements can be obtained from existing ones in two ways. 1) Transform a given statement p into the statement ￢p, which denotes its negation and is read “Not p.” For the statement p above, ￢p is the statement “Combinatorics is not a required course for sophomores.” (We do not consider the negation of a primitive statement to be a primitive statement.) 2) Combine two or more statements into a compound statement, using the following logical connectives. a) Conjunction: The conjunction of the statements p, q is denoted by p ∧ q, which is read “p and q.” In our example the compound statement p ∧ q is read “Combinatorics is a required course for sophomores, and Margaret Mitchell wrote Gone with the Wind.” b) Disjunction: The expression p ∨ q denotes the disjunction of the statements p, q and is read “p or q.” Hence “Combinatorics is a required course for sophomores...
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... a. True b. False 2. Errors in the sales forecast can be offset by similar errors in costs and income forecasts. Thus, as long as the errors are not large, sales forecast accuracy is not critical to the firm. a. True b. False 3. As a firm's sales grow its current asset accounts tend to increase. For instance, as sales increase the firm's inventories increase and its level of accounts payable will increase. Thus, spontaneously generated funds will arise from transaction accounts that increase as sales increase. a. True b. False 4. The term "spontaneously generated funds" generally refers to increases in the cash account that result from growth in sales, assuming the firm is operating with a positive profit margin. a. True b. False 5. An increase in the firm's inventory balance will normally require additional financing unless the increase is matched by an equally large decrease in some other asset account. a. True b. False 6. One of the key steps in the development of pro forma financial statements is to identify those assets and liabilities which increase spontaneously with net income. a. True b. False 7. Pro forma financial statements, as discussed in the text, are used primarily to assess a firm's historical performance. a. True b. False 8. The first, and most critical, step in constructing a set of pro forma financial statements is the sales...
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...takes one path if the condition is true, or another path if the condition is false. 3. A decision structure can be nested inside another decision structure. 4. A compound Boolean expression created with the AND operator is true only when both sub-expressions are true. 5. A controlled loop uses a true/false condition to control the number of times that it repeats. 6. A controlled loop repeats a specific number of times. 7. Each repetition of a loop is known as a(n) . 8. The While loop is a type of loop. False False True True condition count iteration pretest 19. This statement causes a function to end and sends a value back to the part of the program that called the function. 20. This is a design tool that describes the input, processing, and output of a function. 21. This type of of function returns either true or false. 22. This is an example of a data type conversion function. 23. This type of error occurs when you try to assign a value of one data type to a variable of another data type. 24. This is a string inside of a another string. Return IPO chart Boolean toReal type mismatch error substring 9. The Do-While loop is a type of loop. posttest 25. accumulator A variable that you use to gather or accumulate values. 10. The For loop is a type of loop. pretest 26. counted loop A loop for which the number of 11. A(n) loop has...
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...argument in which assuming the premises are true, it is impossible for the the conclusion to be false, conclusion necessarily follows the premises. Invalid Deductive argument: argument in which the premises are true, it is possible for the argument to be false, conclusion doesn’t necessarily follow the premises. Sound Argument: When an argument is shown to be valid and all premises are true then it is sound. Unsound argument: when an argument is invalid or at least one of a valid arguments premises are false. Cogent Argument: An inductive argument is cogent when the argument is strong and the premises are true. Uncogent: an argument is un-cogent if either the argument is weak or it has at least one false premise. Strong Argument: given premises are true it is unlikely for conclusion to be false. Weak argument: argument is weak when assuming premises are true that it is likely the conclusion is false. Tautology: A statement that is necessarily true. “Ethan is tall or he is not tall”. Contingent Statement: statements that are either true or false, their truth tables have both true and false values. Non-contingent statement: statements thats truth values don’t depend on truth values of components. “Tautologies, self-contradictions”. Self-contradiction: a statement that is necessarily false. “2 is an even number and the number 2 is not an even number. Contradictory statements: statements that have opposing values on every line of their respective truth tables. Consistent Statements: statements...
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...an expression and then use that value to determine which statement or set of statements to execute. 2. Logical Operators: Boolean expressions used to create a compound expression. Logical operators AND and OR allow you to connect multiple Boolean expressions. The logical operator NOT reverses the truth of a Boolean expression. Expression (AND) | Value | True AND false | False | False AND true | False | False AND false | False | True AND true | true | Expression (OR) | Value | True OR false | True | False OR true | True | False OR false | False | True OR true | true | Expression (NOT) | Value | NOT true | false | NOT false | True | | | | | 3. Relational Operators: A relational operator determines whether a specific relationship exists between two values. >, <, <-, =>, <=, ==, != (not equal to) 4. Repitition structures: A repetition structure causes a statement or set of statements to execute repeatedly. 5. Condition controlled loop: A condition-controlled loop uses a true/false condition to control the number of times that it repeats. 6. While loop: While loop has two parts (1) a condition that is tested for a true or false value, and (2)a statement or set of statements that is repeated as long as the condition is true. A pretest loop which means it tests a condition before performing an iteration. 7. Do While loop: A post-test loop. Which means it performs an iteration before testing its...
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...responsible for providing information. True False 2. A financial statement audit is a systematic process of objectively obtaining and evaluating evidence. True False True False True False True False 3. Auditors should conduct their work with an attitude of professional skepticism. 4. A bank using Milton Company's financial statements to determine the creditworthiness of a potential loan to Milton is a good example of the need for unbiased reporting. 5. An integrated audit requires the auditor to assess the effectiveness of internal controls. 6. In all states, a CPA must have completed at least 150 hours of college semester hours to receive their license. True False 7. The Center for Audit Quality was started by the International Federation of Accountants. True False 8. The Center for Audit Quality has the primary authority to set auditing standards. True False 9. In an audit, management is considered the “client”. True False 10. Auditing is the process of attesting to assertions about economic actions and events. True False 11. Auditing is the process of verifying the accuracy of the financial statements. True False 12. Internal auditing only provides assurance about internal control effectiveness. True False 13. Auditing exists...
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...the textbook were all ... 1. looking for the easy options. 2. incompetent and unprofessional. 3. lazy people. 4. competent, hard-working professionals. 2. (Points: 10.0) A vision is the ability to see the way things ought to be or will be in the future. True False 3. (Points: 10.0) Finding and solving the real problem is important to minimise lost time, money, and effort. True False 4. (Points: 10.0) Exercising our problem-solving skills frequently will make us better able to ... 1. achieve our goal of choosing the best career. 2. achieve our goal of impressing our bosses. 3. achieve our goal of choosing the best solution. 4. achieve our goal of finding multiple solutions. 5. (Points: 10.0) The textbook lists 7 habits of highly effective people. To 'Synergize' means to ... 1. Aggressively seek new ideas and innovations. 2. Continually review and prioritise your goals. 3. Identify the key issues and results that would constitute a fully acceptable solution to all. 4. Help bring out the best in everyone else. 6. (Points: 10.0) There are things that can be done to guarantee that mistakes will never happen. True False 7. (Points: 10.0) Paradigm pioneers are continually ... 1. searching for ways to impress stakeholders. 2. looking for opportunities to do less work. 3. looking for a situation that requires no change. 4. searching for opportunities to initiate a paradigm shift...
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...CHOICE. Choose the one alternative that best completes the statement or answers the question. 1)Some countries outlaw ________, a practice in which a company prices its products lower than they are priced at home. 1) _______ A)gray marketing B)dumping C)black marketing D)parallel importing E)countertrading TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 2)A casual research design tracks the responses of the same sample of respondents over time. 2) _______ TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 4)Problem recognition is the first step in the buying decision process in the business market. 4) _______ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 5)Why would a company adopt an undifferentiated targeting strategy when there is so much evidence of the benefits of a differentiated strategy? 5) _______ A)to take advantage of economies of scale B)to remove the need for disintermediation C)to move a product to the next stage of its product life cycle D)to more efficiently focus on its CRM strategy E)all of the above TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 6)The evaluation stage for a product is longer for an impulse purchase than it is for a shopping product. 6) _______ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 7)Brand managers are responsible...
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...Midterm Course Requirement in Financial Accounting 3 Questions with Answer Submitted by: Shielarien V. Donguila Section: IV-BMA Submitted to: Professor Cabalejo Chapter 1- Financial Statements 1. Defined as a structures representation of the financial position and financial performance of an entity and intended to meet the needs of users who are not in position to require an entity to prepare reports tailored to their particular needs of information . a. Financial reports b. General Purpose financial Statements c. Audit Reports d. Non-financial reports *Answer: B-General Purpose Financial Statements 2. Interested in information which enables them to determine whether their loans and interest thereon will be paid when due. a. Suppliers/ Trade creditors b. Lenders c. Customers d. Investors *Answer: B- Lenders 3. Term which means process of reporting an asset, liability, income, or expense on the face of the financial statements of an equity. a. Auditing b. Realization c. Recognition d. Measurement *Answer: C- Recognition 3. Which one is not a general feature of financial statement? a. Offsetting b. Accrual basis c. Consistency of presention d. Recognition of expenses *Answer: D 4. User who is a provider of risks capital and their advisers are concerned with the risk inherent in and return provided by their investments. a. Consultants b. Investors c. Lenders d. Trade Creditors *Answer: B 5. These users require information...
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... information cloistered within our textbook “Adolescence” by Robert S. Feldman covering the material found in chapters 1 through 7. Please answer all questions using a Scantron form and a number 2 pencil. Remember to put your name and 234 on your Scantron. Good luck. Dr.B MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) The perspective of development that examines adolescent development through the lens of brain processes is the 1) _________ A) social-cognitive perspective. B) psychoanalytic perspective. C) cognitive neuroscience perspective. D) behavioral perspective. 2) Vygotsky'ʹs sociocultural theory emphasizes 2) _________ A) cognitive neuroscience processes. B) the interconnectedness of the influences of development. C) daily reinforcements one receives in the environment. D) how cognitive development proceeds as a result of social interactions. 3) Which of the following is a criticism of the Piaget'ʹs cognitive perspective? 3) _________ A) Piaget'ʹs cognitive perspective overemphasizes the universality of cognitive stages. B) Piaget'ʹs cognitive perspective focuses too much on unconscious influences. C) Piaget'ʹs cognitive perspective focuses too much on operant learning. D) Piaget'ʹs cognitive perspective...
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...Microsoft Visual Studio What is used to translate high level language programs to machine language (or machine code)? Compiler What both translates and executes the instructions in a high level language program? Interpreter Rules that are strictly enforced during compilation are called what? Syntax Rules What are violations of strictly enforced rules during compilation called? Syntax Errors Which will not prevent compilation, syntax or logical errors? Logic Errors What was the first programming language designed to perform complex math functions? Fortran Instead of binary numbers, assembly language uses short words for instructions known as what? Mnemonics Name a high level language you use in the course. Visual Basic The words that make up a high level programming language are know as what? Keywords When a CPU executes instructions in a program, it is known as what? The Fetch-Decode-Execute Cycle Which runs faster a compiled or an interpreted program? Compiled Which language utilizes binary numbers like 01110000? Machine Language Which language utilizes commands like ADD A7? Assembly Language What is the method used to store negative integers into memory? Two's Compliment How many steps are in the Program Development Cycle and what are they? 1 - Design the Program 2 - Write the Code 3 - Correct Syntax Errors 4 - Test the Executable Code 5 - Debug the Code What is an informal language that has no syntax rules and is not...
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...Question 1 0 / 4 pts Using the drop-down box, indicate which of the following statements about polyrhythms is/are true. Using the drop-down box, indicate which of the following statements about polyrhythms is/are true. You Answered "Polyrhythms" means "multiple rhythms.” Correct Answer TRUE You Answered Polyrhythms are an element in most if not all sub-Saharan African music traditions. Correct Answer TRUE You Answered Polyrhythms reflect the communal nature of sub-Saharan African society. Correct Answer TRUE You Answered Polyrhythms were originally developed in the Arabic music culture. Correct Answer FALSE Question 2 0 / 5 pts Using the drop-down box, indicate which of the following statements about polyrhythms is/are true for the Anlo-Ewe culture of West Africa. Using the drop-down box, indicate which of the following statements about polyrhythms is/are true for the Anlo-Ewe culture of West Africa. You Answered Polyrhythms simulate the ups and downs of life. Correct Answer TRUE You Answered The main rhythm in a polyrhythm represents a strong purpose in life. Correct Answer TRUE You Answered Each polyrhythm stands for a specific religious deity. Correct Answer FALSE You Answered The individual rhythms in a polyrhythm combine into a texture that represents the unpredictability...
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...paradox is the statement “this sentence is false.” An attempt to assign to this statement a classical binary value of truth leads to a contradiction. If “this sentence is false” is true, then the sentence is false is a contradiction. An example of the liar paradox is the Epimenides paradox. The Epimenides paradox is suggested to be an example of the liar paradox, but isn’t as equivalent as it. The semi-mythical seer Epimenides, a Cretan, reportedly stated that "The Cretans are always liars." However, Epimenides' statement that all Cretans are liars can be resolved as false, given that he knows of at least one other Cretan who does not lie. One version of the liar paradox is attributed to the Greek philosopher Eubulides of Miletus who lived in the 4th century BC. Eubulides reportedly asked, "A man says that he is lying. Is what he says true or false?" In early Islamic tradition liar paradox was discussed for at least five centuries starting from late 9th century apparently without being influenced by any other tradition. The problem of the liar paradox is that it seems to show that common beliefs about truth and falsity actually lead to a contradiction. Sentences can be constructed that cannot consistently be assigned a truth value even though they are completely in accord with grammar and semantic rules. The simplest version of the paradox is the sentence: This statement is false. (A) If (A) is true, then "This statement is false" is true. Therefore (A) must be false. The hypothesis...
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