An expenditure made in connection with a machine being used by an enterprise should be
a. expensed immediately if it merely extends the useful life but does not improve the quality.
b. expensed immediately if it merely improves the quality but does not extend the useful life.
c. capitalized if it maintains the machine in normal operating condition.
d. capitalized if it increases the quantity of units produced by the machine.
Answer: d. capitalized if it increases the quantity of units produced by the machine.
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If a person visits a coffee shop for buying coffee, the size of the coffee cup he buys is a function of the time of the day he makes the purchase. In this case, the null hypothesis can be stated as:
a. the person buying the coffee is independent of the size of the coffee cup. b. the size of the coffee cup purchased does not depend on the time when the purchase is made. c. the size of the coffee cup purchased depends on the time when the purchase is made d. the earlier in the day the purchase is made, the bigger the size of the coffee cup purchased. e. the size of the coffee cup is dependent on the person buying the coffee.
Segmenting business markets requires a much greater level of complexity than segmenting consumer markets
Indicate whether the statement is true or false