A control chart ______.

A. shows the correlation between two variables
B. monitors the consistency of a process
C. shows the causes of a particular defect
D. displays whether a process meets customer specifications


B. monitors the consistency of a process

Business

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____ occurs when people's subjective confidence in their decision making is greater than their objective accuracy. For example, Sara thinks she is a superb writer and editor, but her reports are always filled with typos, grammatical errors, and sentence fragments.

A. Confidence bias B. Overconfidence bias C. Hindsight bias D. Predisposition bias E. The tunnel vision effect

Business

Net realizable value is computed as

a. Sales – Bad Debt Expense; b. Accounts Receivable – Allowance for Bad Debts; c. Allowance for Bad Debts – Accounts Receivable; d. Accounts Receivable – Bad Debt Expense; e. Cash – Accounts Receivable

Business

Which disciplines does the field of behavioral science include?

A. psychology, sociology, forensic science, and economics B. psychology, forensic science, sociology, anthropology, and economics C. psychiatry, technology, environmental science, and forensic science D. chemistry, biology, earth science, and management E. psychology, sociology, anthropology, and economics

Business

Which service department cost allocation method assigns costs directly to revenue-producing areas with no other intermediate cost pools or allocations?

a. step method b. indirect method c. algebraic method d. direct method

Business