Which of the following statements is true if the standard deviation of a process is .02 and the

average is 1?

A) The specification limits are ± .02.
B) The upper control limit is 1.02.
C) About 68.3% of the output will be within 1± .02.
D) All of the above are true.
E) None of the above is true.

C

Business

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The accounting process of transferring a transaction from the journal to the ledger is called ________

A) journalizing B) posting C) compounding D) sourcing

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Theoretically, in computing the receivables turnover, the numerator should include

A. Net sales. B. Net credit sales. C. Sales. D. Credit sales.

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