____________ evidence of the existence of a problem or outstanding management performance is provided by ratio analysis.

a) Conclusive
b) Inconclusive
c) Complete
d) Definitive
e) Goofy


Ans: b) Inconclusive

Business

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Setting a new minimum standard is which of the following steps in the kaizen cycle of kaizen costing?

A) Plan B) Do C) Check D) Act

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Based upon your credit report, the credit bureau will determine who may receive a credit card

Indicate whether the statement is true or false.

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The diversity perception scale as well as each of its factors, has shown _______________ internal consistency with Cronbach’s alphas of .83; .86; .77 and .71.

a. Strong b. Adequate c. Strong to adequate d. Weak

Business

Matamoros, Inc., manufactures and sells two products: Product D7 and Product J3. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected ProductionDirect Labor-Hours Per UnitTotal Direct Labor-HoursProduct D76005.03,000Product J31007.0700Total direct labor-hours  3,700The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:  EstimatedExpected ActivityActivity Cost PoolsActivity MeasuresOverhead CostProduct D7Product J3TotalLabor-relatedDLHs$66,1933,0007003,700Machine setupssetups 65,772400500900Order sizeMHs 153,9323,0002,8005,800  $285,897   If the company allocates all of its

overhead based on direct labor-hours using its traditional costing method, the overhead assigned to each unit of Product J3 would be closest to: (Round your intermediate calculations to 2 decimal places.) A. $125.23 per unit B. $511.56 per unit C. $540.89 per unit D. $185.78 per unit

Business