Under what circumstances would you use the Pearson correlation?
What will be an ideal response?
ANS:X = interval variable and Y = interval variable
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How should an efficiency variance that is material in amount be treated at the end of an accounting period?
a. Reported as a deferred charge or credit b. Allocated among work in process inventory, finished goods inventory, and cost of goods sold c. Charged or credited to cost of goods manufactured d. Allocated among cost of goods manufactured, finished goods inventory, and cost of goods sold
The purpose of a CRM program is to identify new potential customers
Indicate whether the statement is true or false
A work group interacts primarily to ______.
A. commit to a common purpose B. share information with other members C. be mutually accountable D. share performance goals
_____ firms acquire inventory items in a physical condition ready for sale
a. Merchandising b. Manufacturing c. Technology d. Production e. Health Care