Exploratory research is often undertaken to help clearly define a problem
Indicate whether the statement is true or false
TRUE
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Who created and developed the communication model depicted in Chapter 13?
a. Shannon Channel and Benjamin Source b. Chef Boy R Dee and Captain Crunch c. Claude E. Shannon and Warren Weaver d. Brent Palmer and Steve Sender
People with an Internal Locus of Control believe that
a. outside forces—chance, fate, luck, other people—determine what happens to them b. they determine their own destiny through their own actions and efforts c. promotions to leadership positions should be done internally whenever possible d. promotions to leadership positions should include a high mix of organizational outsiders
A person whose name is forged on an instrument normally has no liability to pay any holder the value of the instrument
Indicate whether the statement is true or false
Feemster Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During October, the company budgeted for 5,900 units, but its actual level of activity was 5,850 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for October:Data used in budgeting: Fixed element per monthVariable element per unitRevenue - $29.90 Direct labor$0 $5.60Direct materials 0 8.60Manufacturing overhead 37,000 1.30Selling and administrative expenses 27,200 0.80Total expenses$64,200 $16.30?Actual results for October: Revenue$176,095Direct labor$31,510Direct materials$49,800Manufacturing overhead$45,775Selling and administrative
expenses$31,670?The activity variance for selling and administrative expenses in October would be closest to: A. $40 F B. $250 U C. $250 F D. $40 U