A(n) ____ cost increases or decreases in intervals as activity changes
a. historical cost
b. fixed cost
c. step cost
d. budgeted cost
C
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Pablo and Socorro are married. Pablo works in a city that is a full-day drive from home and Socorro works in a city 30 miles in the other direction from home. Often, Pablo stays in the city where he works during the week and only goes home of weekends and holiday, due to a combination of distance and the fact that he could not find a job in his line of work near home. What sort of family are Pablo and Socorro?
A. primary-parent B. blended C. nuclear D. commuter
Assume that a three-year Treasury note (T-note) has no maturity premium, and that the real risk-free rate of interest is 3 percent. If the T-note carries a nominal risk-free rate of return of 13 percent and if the expected average inflation rate over the next two years is 9 percent, what is the implied expected inflation rate during Year 3?
A. 7% B. 12% C. 9% D. 11% E. 18%
Acme, Inc., produces widgets. To manufacture a new type of widget, it took 62 hr for the first widget. Acme estimates it has a 98% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 56th widget.
A. 55.18 hr B. 59.30 hr C. 64.55 hr D. 49.94 hr
A recent Gallup survey indicated there was no relationship between multiculturalism and overall employee satisfaction.
a. true b. false