Job cost sheets can provide information to managers on unit cost trends, the cost impact of continuous improvement in the manufacturing process, the cost impact of materials changes, and the cost impact of direct materials price or direct labor rate changes over time

Indicate whether the statement is true or false


True

Business

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If the working-age population in a country is 215 million, the labor force is 145 million, and the number of employed peopleĀ is 137 million, then the labor-force participation rate in the country is

A. 2.5 percent. B. 67.4 percent. C. 45.3 percent. D. 94.5 percent.

Business

Using salesforce estimates for forecasting has the advantage that:

A) no biases exist in the forecasts. B) statistical estimates of seasonal factors are more precise than any other approach. C) forecasts of individual sales force members can be easily combined to get regional or national sales totals. D) confusion between customer "wants" (wish list) and customer "needs" (necessary purchases) is eliminated.

Business

Orders placed by business customers are usually smaller and more numerous than consumer sales.

Answer the following statement true (T) or false (F)

Business

Administrative staff could be a generalization of ________

A) billing clerk B) registration clerk C) appointment clerk D) all of the above

Business