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Which of the following strategies most likely could improve the response rate of the confirmation of accounts receivable?
(A) Including a list of items or invoices that constitute the account balance.
(B) Restricting the selection of accounts to be confirmed to those customers with relatively large balances.
(C) Requesting customers to respond to the confirmation requests directly to the auditor by fax or e-mail.
(D) Notifying the recipients that second requests will be mailed if they fail to respond in a timely manner.
If consumer income decreases by 3.2%, what is the expected percent change in consumer demand (assuming there are no other changes that would affect demand for coffee - no price changes)
The coefficient of determination for a regression relationship defined through Y = a + bX is 81 percent.
A union organizes in one of the sectors, and it restricts supple to that sector by insisting that only those in the union are hired by firms in that sector. When the employees in this sector unionize, the supply of labor in that sector changes to..
Let MUa=z=10-x and MUb=z=21-2y, where z is marginal utility per dollar measured in units. x is the amount spent in product A. y is the amount spent on product B. Assume that the consumer that the consumer has $10
Cory Manciagli is planning to retire in 20 years. Money can be deposited at 6% compounded quarterly. What quarterly deposit must be made at the end of each quarter until Corey retires so that he can make a withdrawal of $40,000 semiannually over t..
Calculate a 5-year weighted moving average to forecast the number of mergers for 2012. Use weights of 0.10, 0.15, 0.20, 0.25, and 0.30, with the most recent year weighted being the largest. Use regression analysis to forecast the number of mergers..
Discuss the issues arising from the disruption of technological change on the perceptions of those in the work force.
You have recently moved to Hanscom AFB MA and need to make a decision between living in base housing or buying a home in the local market. Compare the following costs and benefits on an annual basis.
it has the same demand curve and there is only one firm there that also produces apples at the marginal cost of $4 per kilo. Also, each firm in every country has to pay a transportation cost of $1 per kilo to deliver its apples to the market abroa..
Calculate the change in deadweight loss if the U.S. replaces a prohibitive tariff per unit on imported wine by an equal production subsidy per unit of wine sold by U.S. producers. [Note: P = price per unit; Qd = billions of units demanded; Qs = bi..
in the derivation of the solow growth model we assumed that government spending and taxes less transfers were both
a. Calculate the opportunity cost of an increase in the number of hours spent studying in order to earn a 3.0 grade point average (GPA) rather than a 2.0 GPA. b. Is the opportunity cost the same for a move from a 0.0 GPA to a 1.0 GPA.
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