Revenue and expense accounts

a. are permanent accounts.
b. are temporary accounts.
c. reflect cumulative changes in each account since the organization of the firm.
d. record all cash receipts and cash disbursements.
e. none of the above

B

Business

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Short-term production serves as a broad blueprint for operations and establishes the parameters within which aggregate planning decisions are made

Indicate whether the statement is true or false.

Business

The management of a line that fills cereal boxes wants the box filled at 32.2 ounces. When the process is in control, the standard deviation is .1 ounces

a. Construct the upper and lower control limits for a 3-sigma x-bar chart using a sample size of five. b. The results from the last 10 samples follow. Is the process in control?

Business