A Widget Has a Mean Time Between Failures of 218

question 84

Multiple Choice

A widget has a mean time between failures of 218 hours and mean time to repair of 14 hours.In this case,the availability is ______.

• A)94.0%
• B)89.6%
• C)77.3%
• D)88.1%

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Definitions:

Wages Expense

Wages Expense is the total cost incurred by a business for paying salaries and wages to its employees during a financial period.

Wages Payable

An account liable for recording the unpaid earnings of employees for their completed work.

Accrue

The process in accounting by which revenues and expenses are recognized when incurred, regardless of when cash transactions occur.

Salaries Expense

The total amount spent by an organization on employee salaries over a specific period of time.