Chapman Products has a favorable materials usage variance. Which of the following would be the most likely reason for this variance?
A) The company under budgeted the quantity of material to be used for each unit.
B) The company purchased material at a price for less than what was expected.
C) The company's employees were less trained than expected.
D) The company's machines were better maintained resulting in lower wastage of materials.
D
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According to Forbes, 35% of Americans have thought about leaving a job because of ______ at work, and 42% have actually done so.
A. lack of safety B. stress C. bad management D. poor ergonomics
The prevailing marketing strategy of the ________ era was to find customers for inventories that went unsold.
A. market-oriented B. retailing-oriented C. value-based marketing D. production-oriented E. sales-oriented
The concept that "the whole is greater than the sum of its parts" is known as:
A. integration. B. synergy. C. the price earnings ratio. D. the bargaining zone.
Suppose you have the following null and alternative hypotheses:
H0 : ? = 8.3 and H1 : ? ? 8.3. You take a sample of 30 observations, and find a sample mean of 7.3 with a standard deviation of 3.2. Which of the following is the most accurate statement about the p-value? A) 0.01 < p-value < 0.05 B) 0.05 < p-value < 0.10 C) p-value > 0.10 D) p-value < 0.01