Which of the following statements about the reliability of job analysis is true?

A. It is a measure of the practicality of the information collected.
B. It is a sufficient condition for validity.
C. It is a necessary condition for validity.
D. It examines the convergence of results among sources of data and methods.


Answer: C

Business

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What losses should not affect the recorded cost of inventories?

a. Normal losses b. Abnormal losses c. Seasonal losses d. Standard losses

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Which of the following terms does not mean the same as the others?

a. Book value b. Salvage value c. Scrap value d. Disposal value

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Companies that produce custom-made products usually use a process costing system

Indicate whether the statement is true or false

Business

Which of the following statements concerning trademarks is not true? 

A. A trademark may be a word, slogan, symbol, design or particular sound. B. Unlike a patent, trademarks last indefinitely. C. The PTO is responsible for the federal registration of trademarks. D. It is possible to file for a trademark if you intend to use this mark in the future.

Business