Finished goods ending inventory was understated. This error will cause:
A) the cost of goods manufactured to be overstated.
B) the cost of goods sold to be overstated.
C) the net income to be overstated.
D) All of these are correct.
Answer: B
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Which of the following statements regarding exclusive agents is NOT true?
A) Exclusive agents represent only 1 company. B) Exclusive agents are usually compensated by commissions. C) Exclusive agents represent the insurer. D) Exclusive agents represent the insured."
When you use your XL Data Analyst to calculate the sample size, you must specify:
A) the allowable error, estimate p, estimate q and estimate r B) the allowable error, estimate m, estimate q C) the allowable error, estimate of lsmft D) the allowable error, estimated p E) none of the above; XL Data Analyst does not calculate sample size