Which one of the following is an erosion cost?

A) the $200 you spent last week to repair a TV which you are selling today
B) a $200 increase in the cost of a new computer because technology has improved
C) the $200 reduction in hot dog sales because you are now also selling hamburgers
D) the $200 cost of a used printer which now sits idle in your closet
E) a $200 bill incurred to upgrade your computer software

The usual sequence of steps in the recording process is to

A) analyze each transaction, enter the transaction in the journal, and transfer the information to the ledger accounts.
B) analyze each transaction, enter the transaction in the ledger, and transfer the information to the journal.
C) analyze each transaction, enter the transaction in the book of accounts, and transfer the information to the journal.
D) analyze each transaction, enter the transaction in the book of original entry, and transfer the information to the journal.

A quality analyst wants to construct a sample mean chart for controlling a packaging process. He knows from past experience that the process standard deviation is two ounces. Each day last week, he randomly selected four packages and weighed each. The data from that activity appears below. $$\begin{array}{lllll}& \text{ Weight }& & & \\ \text{ Day }& \text{ Package }1& \text{ Package }2& \text{ Package 3 }& \text{ Package 4 }\\ \text{ Monday }& 23& 22& 23& 24\\ \text{ Tuesday }& 23& 21& 19& 21\\ \text{ Wednesday }& 20& 19& 20& 21\\ \text{ Thursday }& 18& 19& 20& 19\\ \text{ Friday }& 18& 20& 22& 20\end{array}$$ (a) Calculate all sample means and the mean of all sample means.
(b) Calculate upper and lower control limits that allow for natural variations.
(c) Is this process in control?

The realizable value refers to the accounts receivable amount expected to be received.

Which of the following would indicate the beginning of an expansionary phase in an economy?

A) A minor increase in the number of new firms
B) A decline in stock market prices
C) An improvement in consumer confidence
D) A slowdown in housing construction
E) A decrease in the number of orders for new equipment

A particular employee becomes dissatisfied with a decision by an organization to decrease pay.Which of the following could be considered an attempt by the employee to increase rewards?

A) taking longer coffee breaks
B) increased absenteeism
C) padding their expense accounts
D) seeking a less demanding job in a different company