Bad debts expense is considered
A. an avoidable cost in doing business on a credit basis
B. an internal control weakness
C. a necessary risk of doing business on a credit basis
D. avoidable unless there is a recession
Ans: C. a necessary risk of doing business on a credit basis
Business
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Fill in the blank(s) with the appropriate word(s).
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If the standard deviation of demand is 100 units and the average demand is 1000 units, then we can
be 95% confident that actual sales will be 1000 units plus or minus about: A) 400 units. B) 150 units. C) 100 units. D) 300 units. E) 200 units.
Business