What is the difference between a skills test and a cognitive ability test?
What will be an ideal response?
The cognitive ability tests are assessments of general intelligence or some type of aptitude for a particular job. In contrast, skills tests are designed to determine if you have the ability to apply a particular knowledge set.
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The differences between lean producers and U.S. mass producers is in the way they deal with all of the following groups except:
A) dealers. B) distributors. C) customers. D) suppliers. E) managers.
Which of the following actions would prevent a discharge of debts under Chapter 7?
a. Discharge under Chapters 7 or 11 within the past eight years. b. Falsified records presented to bankruptcy court by debtor. c. Failure to disclose assets. d. All of the above would prevent a discharge of debts.
Which of the following is true about a static simulation model?
a. A static simulation model represents the system at a given point in time. b. A static simulation model is different from Monte Carlo simulation model. c. A static simulation model is used for decision-making under certainty. d. All of the above
Carpenter Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 600 units. The costs and percentage completion of these units in beginning inventory were: Cost PercentCompleteMaterials costs$5,200 60% Conversion costs$8,500 55% A total of 7,800 units were started and 7,100 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Materials costs$95,000 Conversion costs$169,200 The ending inventory was 85% complete with respect to materials and 70% complete with respect to conversion costs. The total cost transferred from the first processing department
to the next processing department during the month is closest to: A. $264,200 B. $277,900 C. $244,219 D. $288,935