The process by which managers ensure that they have the right number and kinds of capable people in the right places and at the right times is known as ________.
A. affirmative action
B. performance management
C. job specification
D. human resource planning
Answer: D
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An amount would not appear along the Dividends account line in which of the following work sheet columns?
a. Income Statement b. Balance Sheet c. Trial Balance d. Adjusted Trial Balance
Which of the following statements regarding the analysis of absolute amounts of various accounts reported on the financial statements is incorrect?
A. To correctly evaluate an absolute amount, the analyst must consider its relative importance. B. Economic statistics such as the gross national product are built upon totals of absolute amounts reported by businesses. C. Using absolute amounts eliminates the problem of varying materiality levels. D. Financial statement users with expertise in particular industries can look at absolute amounts and assess a company's performance in a certain area.
Complex problems are those that ____.
A. have no clear boundaries B. are unique C. have no single optimal solution D. all of the above
In a sample of 120 people, 50 indicated that they prefer domestic automobiles, 60 said they prefer foreign-made cars, and 10 indicated no difference in their preference. At a .05 level of significance, determine if there is evidence of a significant difference in the preferences for the two makes of automobiles. Hint: Use the continuity correction factor.
What will be an ideal response?