The technique that is used to adjust standards to accommodate average employees is called standards adjustment

Indicate whether the statement is true or false.


F

Business

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The inventory of a(n) ____________________ consists of three distinct types of costs: direct materials, direct labor, and manufacturing overhead

Fill in the blank(s) with correct word

Business

Which statement is not true about cluster analysis?

A) Cluster analysis is a technique for analyzing data when the criterion or dependent variable is categorical and the independent variables are interval in nature. B) Cluster analysis is also called classification analysis or numerical taxonomy. C) Groups or clusters are suggested by the data, not defined a priori. D) Objects in each cluster tend to be similar to each other and dissimilar to objects in the other clusters.

Business

According to Gardner, what type of mind is able to bring together information and ideas from many different sources in a way that makes sense?

A) Disciplined B) Ethical C) Synthesizing D) Creating

Business

The continuum of tangibility goes from ____ on one end to ____ on the other end.

A. service-dominant products; good-dominant products B. pure products; pure services C. rational products; irrational products D. mostly service goods; mostly product goods E. easy to see; not easy to see

Business