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NEW QUESTION: 1
Chester Corp. was a development stage enterprise from its inception on September 1, 1987 to December
3 1, 1988. The following information was taken from Chester's accounting records for the above period:
For the period September 1, 1987 to December 31, 1988, what amount should Chester report as net
loss?
A. $350,000
B. $450,000
C. $ 50,000
D. $150,000
Answer: B
Explanation:
Choice "d" is correct. $450,000 net loss for the period Sept. 1, 1987 to DeC. 31, 1988.
Rule: "Development stage enterprises" present their FS in accordance with GAAP and make additional
disclosures such as: cumulative net losses, cumulative deficit, cumulative sales and expenses.
NEW QUESTION: 2
품질 관리 계획을 개발하는 동안 프로젝트 관리자는 제품의 기술적 복잡성이 너무 높아서 품질 보증 팀이 모든 가능한 시나리오와 엣지 사례를 테스트하는 것이 불가능하다는 것을 발견했습니다. 프로젝트 관리자는 어떻게 해야 합니까?
A. 품질 테스트를 위한 추가 시간을 허용하기 위해 프로젝트 일정 조정을 요청하는 변경 요청을 제출합니다.
B. 고객이 최종 사용자에게 제품을 출시하기 전에 제품의 품질을 공식적으로 수용하기로 약속
C. 경영진에게 문제를 이관하고 더 많은 품질 보증 리소스를 요청하십시오.
D. 품질 관리 계획에 문제를 문서화하고 일부 사용 사례를 테스트하지 않을 위험을 수용
Answer: B
NEW QUESTION: 3
The owner of a small bakery is interested in forecasting the bakery's total sales for a certain date. The owner believes that sales on a given day are influenced by the day's highest temperature (in degrees F) and whether the day falls on a weekend (Saturday or Sunday). A random sample of 60 days is taken from November 2013 to May 2014; the regression results are given below. If the high temperature for tomorrow, a Thursday, is forecasted to be 60 degrees F, what does the model predict the total sales will be?
Note that the weekend dummy variable takes a value of one for Saturday and Sunday and zero otherwise.
A. $1,571.27
B. $2,042.13
C. $1,271.27
D. $500.41
Answer: C