The most commonly used technique for fitting a straight line to a scattergram is the ________
A) most-squares procedure
B) analysis of variance
C) least-squares procedure
D) correlation equation
E) sum of squared errors
C
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Which of the following is an instance of a mortgage?
A) Richard pays Ellen $1000 a month to live in her apartment. B) Richard pays Ellen $12,000 a year to live in her apartment. C) Richard gives his country estate as collateral to a bank from where he has borrowed money to buy an apartment. D) Richard has been living in an apartment for thirty years and upon his death, the apartment will be transferred to somebody else.
Using General Electric's strategic planning grid, an opportunity rated "medium" in terms of industry attractiveness and "medium" in terms of business strengths would be evaluated as which of the following?
A. red, for no growth B. green, for growth C. It could be evaluated as yellow, red, or green-because the grid really doesn't deal with "medium" ratings. D. yellow-borderline
The following accounts are from last year's books at Sharp Manufacturing: Raw MaterialsBal0(b)154,000(a)164,000 10,000 Work In ProcessBal0(f)510,000(b)132,000 (c)168,000 (e)210,000 0 Finished GoodsBal0(g)460,000(f)510,000 50,000 Manufacturing Overhead(b)22,000(e)210,000(c)26,000 (d)156,000 (h)6,000 6,000Cost of Goods Sold(g)460,000(h)6,000 454,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overhead overapplied or underapplied for the year?
A. $6,000 underapplied B. $26,000 underapplied C. $26,000 overapplied D. $6,000 overapplied
When the domestic nominal interest rate rises because of an increase in expected inflation, the expected appreciation of the dollar declines, ________ shifts out more than ________, and the exchange rate declines
A) RF; RD B) RF; RF C) RD; RD D) RD; RF