Given that a sample of size 32 and a population standard deviation of 0.3, what would be the margin of error at a 90% level of confidence?
A) ±0.9186
B) ±1.018
C) ±0.4452
D) ±0.09
D
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Which of the following shows how a product’s parts go together and the order in which they are assembled?
A. Pareto chart B. assembly chart C. process chart D. value stream mapping (VSM)
Which type of primary research requires no direct involvement with human subjects?
a. Observational studies b. Experimental research c. Normative surveys d. Longitudinal research
Consumers must pay the manufacturers' cost-price or a ________ premium.
A. cost-plus B. cost-covered C. base-cost D. self-liquidating E. subsidized
Andrew Industries purchased $165,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $22,000, and the materials used to complete jobs during the month were $141,000 direct materials and $13,000 indirect materials. How should Andrews record the purchase of raw materials for March?
A. Debit Raw Materials Inventory $187,000; credit Cash $187,000 B. Debit Accounts Payable $187,000; credit Raw Materials Inventory $187,000 C. Debit Accounts Payable $165,000; credit Raw Materials Inventory $165,000 D. Debit Work in Process Inventory $165,000; credit Raw Materials Inventory $165,000 E. Debit Raw Materials Inventory $165,000; credit Accounts Payable $165,000