In an application for a credit card, potential customers are asked for their social security numbers. A social security number is an example of a _____
a. categorical variable
b. quantitative variable
c. categorical or quantitative variable, depending on how the respondents answered the question
d. ratio variable
a
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On an RBS for a software development project, product risks are related to
A) corporate and stakeholders. B) requirements and design. C) cultural and economic. D) project team and control.
DelauderEnterprises makes a variety of products that it sells to other businesses. The company's activity-based costing system has four activity cost pools for assigning costs to products and customers. Details concerning that ABC system are listed below:Activity Cost PoolActivity MeasureActivity RateSupporting assemblyDirect labor-hours (DLHs)$3.45per DLHProcessing batchesNumber of batches$193.30per batchProcessing ordersNumber of orders$83.05per orderServing customersNumber of customers$1,608.00per customerThe cost of serving customers, $1,608.00 per customer, is the cost of serving a customer for one year. Grennon Corporation buys only one of the company's products. The details of last year's purchases of this product are listed below: Number of units purchased 1,500unitsNumber
of batches 5batchesNumber of orders 2ordersDirect labor-hour requirement 0.25DLHs per unitSelling price$18.55per unitDirect materials cost$8.35per unitDirect labor cost$3.95per unitAccording to the ABC system, the customer margin for this customer this past year was closest to: A. $9,375.00 B. $23,790.65 C. $5,340.65 D. $15,300.00
In Thayer v. Hollinger, Hollinger owned land next to lakeshore lots that he developed. He shared a common road with the lakeshore lot owners who used trails on his property that were accessed from the road. Hollinger claimed he could block use of the trails. The lot owners claimed an easement to use the trails. The courts held that:
a. Hollinger granted the lot owners an easement as part of the sale of the land, which included use of the road and trails leading from the road b. Hollinger could not block access to the trails without permission of the lot owners because they had used the trails for so many years c. the lot owners had no easement that allowed use of the trails as they were on private property d. the lot owners could establish easements by adverse possession to use the trail if they showed open use of the trails for at least seven years e. none of the other choices
Which of the following legal forms of business is typically considered the least legitimate?
A. Sole proprietorship B. Partnership C. Limited liability company D. Corporation