BUS 475 Capstone Final Examination Part 2

Question # 00804237 Posted By: Ainsley Updated on: 04/27/2021 12:06 PM Due on: 05/26/2021
Subject General Questions Topic General General Questions Tutorials:
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1. Sampling is used heavily in manufacturing and service settings to ensure high-quality products. In which of the following areas would sampling be inappropriate?

Custom cabinet making

Computer assembly

Technical support by phone

Cell phone manufacturing

2. The preparation of adjusting entries is:

needed to ensure that the expense recognition principle is followed.

straightforward because the accounts that need adjustment will be out of balance

optional when financial statements are prepared.

only required for accounts that do not have a normal balance.

3. What is an advantage of the correlation coefficient over the covariance?

It falls between -1 and 1.

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