A completely randomized design is useful when the experimental units are

A. homogeneous.
B. heterogeneous.
C. ?clustered.
D. stratified.


Answer: A

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Quality Paper Products utilizes a structure that includes functional divisions, such as accounting and production, and a divisional chain of command, such as the home products and office divisions. For example, Mariana, a salesperson, reported to both her sales manager and the office products manager when she first started working on the city of Springfield account. Quality Paper Products has a

A. geographic-divisional structure. B. matrix structure. C. team-based approach. D. modular structure. E. hollow structure.

Business

A factor having a "cause and effect" relationship with a cost object is called a(n):

A. cost driver B. direct cost C. allocation base D. indirect cost

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In the audit of a federal assistance program, a cost that appears to be in violation of a law or regulation is referred to as a:

A. Questioned Cost. B. Single Audit Deviation. C. Direct compliance cost. D. Potentially fraudulent cost.

Business

The efficient market hypothesis rests on which of the following assumptions?

I. Information is widely available to all investors almost simultaneously. II. Investors react quickly to new information. III. Investors correctly interpret all available information. IV. Events which affect the market occur randomly. A) I and II only B) I, II and III only C) II, III and IV only D) I, II, III and IV

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