The statement of cash flows is a(n):
a. required supplemental financial statement.
b. required basic financial statement.
c. optional basic financial statement.
d. optional supplementary statement.
Answer: b. required basic financial statement.
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________ is a time-series method used to estimate the average of a demand time series by averaging the demand for the n most recent time periods
Fill in the blanks with correct word
What is the probability that there are more than 3 breakdowns?
Two hundred simulation runs were completed using the probability of a machine breakdown from the table below. The average number of breakdowns from the simulation trials was 1.93 with a standard deviation of 0.20. No. of breakdowns per week Probability Cumulative probability 0 .10 .10 1 .25 .35 2 .36 .71 3 .22 .93 4 .07 1.00 A) .07 B) .10 C) .22 D) .25