Answer:
C Liabilities are understated, and net income is overstated.
Explanation:
To accrue for interest expense, the required entries are;
Debit Interest expense (p/l)
Credit Accrued Interest (B/s)
Being entries to recognize accrued interest expense.
If this is not posted, liabilities and expenses for the period would be understated. As such, net income would be overstated.
Hence the right answer is C Liabilities are understated, and net income is overstated.
Answer:
Correct statement is (B)
Explanation:
Marketing channel is the combination of all the people who are responsible for delivery or reach of the product from producer to the last consumer.
Thus, it is a chain from producer to wholesaler to retailer and then to consumer.
Marketing channel makes sure about the market present for the next level. That is for producers it provides wholesalers, for wholesalers it provides retailers and to retailers it provides consumers.
Thus, statement (B) is correct.
Answer:
Efficiency metrics.
Explanation:
Efficiency metrics is the extent to which a firm is using its resources in an optimal way, getting the most of its resources. Measure the performance of MIS itself, such as throughput, transaction speed, and system availability.
Characteristis:
-Throughput. the amount of information that can travel through a system.
-Transaction spead. the amount of time a system takes to peforme a transaction.
-System availability. the number of hours a system is available.
-Information accuracy. how often a system generates the correct results when doing the same transaction many times.
-Response time. how long it takes to respond to user interactions.
Answer:
<em>Hypothesis Testing</em>
Explanation:
<em>The use of statistics to assess the probability of a given assumption being accurate </em>is <u>hypothesis testing</u>. The typical hypothesis testing process is made up of four stages.
- Establish the hypothesis null.
- Recognize a test metrics which can be used to determine the null hypothesis truth.
- Calculate the P-value, that is the likelihood that if the null hypothesis is true, a test result would be obtained at least as large as the one observed.
- Measure the p-value with an appropriate alpha value.
Answer:
True
Explanation:
Taxes paid are NOT directly related to any specific benefit received by the taxpayer.
