What are the possible effects if trexler’s inspector approves components for shipment that should be rejected due to nonconformance (type ii error)? what are the possible effects if trexler’s inspector rejects components for shipment that are in conformance with specifications (type i error)? how can we control error of measurement?

Partnerships are the most common type of business firms in the world. t/f

What cylinder head operation is the technician performing in this figure?

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale. required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse. b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this. c. explain the difference between sale of receivables with recourse as oppose to without recourse.