The ____ is usually another employee doing basically the same work, some standard ratio based on a fair day’s work, or another employee at approximately the same level in an organization.
a. Team member
b. Vertical designator
c. Referent
d. Horizontal designator
c. Referent
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In the EOQ model, if quantity discounts are offered, then ______.
a. the EOQ may not result in the lowest total annual cost b. it does not make any difference, as the EOQ will always result in the lowest total annual cost c. the EOQ model with the quantity discounts will always give a lower total annual cost than the EOQ model without quantity discounts d. the quantity discounts should be taken
The law establishes limits to liability for negligence through the concept of proximate cause.
Answer the following statement true (T) or false (F)
The following standards for variable overhead have been established for a company that makes only one product: Standard hours per unit of output 3.6hoursStandard variable overhead rate$16.05per hour?The following data pertain to operations for the last month: Actual hours 5,000hoursActual total variable overhead cost$80,000 Actual output 1,300units?Required: a. What is the variable overhead rate variance for the month?b. What is the variable overhead efficiency variance for the month?
What will be an ideal response?
Which is the correct testing process? I. full systems testing with test data II. link testing with test data III. full systems testing with live dataIV. program testing with test data
A) IV - II - I - III B) IV - I - II - III C) II - IV - I - III D) IV - I - III - II E) II - IV - III - I