A positive forecast error indicates that the forecasting method ________ the dependent variable.
A. overestimated
B. underestimated
C. accurately estimated
D. closely approximated
B. underestimated
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The balance sheet portrays the effects of a firm's investing and financing decisions. In analyzing these decisions, what two principles guide financing decisions:
A company uses activity-based costing to determine the costs of its three products: A, B, and C. The budgeted cost and activity for each of the company's three activity cost pools are shown in the following table:
Budgeted Activity Activity Cost Pool; Budgeted Cost; Product A; Product B; Product C Activity 1 $73,000; 6,300; 9,300; 20,300 Activity 2 $48,000; 7,300; 15,300; 8,300 Activity 3 $88,000; 2,800; 1,300; 1,925 Which of the following statements is true regarding this company's activity rates? a. The activity rate under the activity-based costing system for Activity 2 is $1.55. b. The activity rate under the activity-based costing system for Activity 2 is $18.19. c. The activity rate under the activity-based costing system for Activity 2 is $14.61. d. The activity rate under the activity-based costing system for Activity 2 is $2.93. e. The activity rate under the activity-based costing system for Activity 2 is $2.03.
If a buyer does not receive goods by the contract deadline, remedies available include all of the following EXCEPT
a. incidental and consequential damages. b. cover. c. damages for non-delivery. d. cure.
In prescreening group members, group leaders should
a. select group members who will not be harmed by the group process b. select group members whose goals are compatible with the goals of the group c. avoid selecting group members who may impede the group process d. all of the above