Which of the Following Statements About Material Requisitions Is False

question 71

Multiple Choice

Which of the following statements about material requisitions is false?

• A) Material requisitions are often computerized.
• B) Material requisitions are a common example of source documents.
• C) Material requisitions contain information that is useful to the cost accounting department.
• D) Material requisitions authorize the transfer of materials from the production floor to the raw materials warehouse.
• E) Material requisitions are routinely linked to a bill of materials that lists all of the materials needed to complete a job.

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Definitions:

Odds

The ratio of the probability of an event happening to the probability of it not happening; in gambling, it represents the amount won relative to the stake.

Unfriended

The act of removing someone from one's social networking friends list.

Probability

The quantification of the chance of an event happening, represented as a number from 0 to 1, with 0 meaning the event is impossible and 1 meaning the event is certain.

P-Value

The probability of observing data at least as extreme as the ones observed, under the assumption that the null hypothesis is true.