Suppose the Total Time to Fill a Routine Prescription at a Local

question 27

Multiple Choice

Suppose the total time to fill a routine prescription at a local pharmacy is 35 minutes based on the time the physician places the order to the time it is dispensed.Assume the standard deviation is 11 minutes..A z score was calculated for a number,and the z score is 3.4.What is x?

• A)37.4
• B)72.4
• C)0.00
• D)68.0
• E)2.0.8

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Definitions:

Vertical Analysis

A financial analysis method in which each entry for each of the three major categories of accounts (assets, liabilities, and equity) in a balance sheet is represented as a proportion of the total account.

Financial Statement

A summary report that quantitatively describes the financial health of a company. This includes the balance sheet, income statement, and statement of cash flows.

Deferrals

Accounting method that involves postponing the recognition of certain revenues or expenses until a later accounting period to match them with the period they affect.

Accruals

Expenses and revenues that have been incurred or earned but not yet recorded in the accounts.