Stratified random sampling is an example of a nonprobabilistic sampling method
Indicate whether the statement is true or false
FALSE
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Opinions on the effectiveness of the internal control system and the fairness of the amounts reported in the financial statements are known as:
a. Management Discussion and Analysis. b. Assurance Opinions. c. Notes to the Financial Statements d. Management Assessments.
What is the purpose of the assessment phase of training?
A. To establish indicators of success in training as well as on the job B. To design the environment to achieve the objectives of the training program C. To define what it is the employee should learn in relation to desired job behaviors D. To choose methods and techniques carefully and deliver them systematically
The bona fide occupational qualification (BFOQ) defense:
a. applies to intentionally discriminatory policies but not to neutral policies that result in discrimination b. permits race or color to be used as selection criteria, but only under circumstances where employers can make a very strong case for why that is necessary c. is the only means by which employers can avoid liability for facially discriminatory policies or practices d. all of the above e. none of the above
Weitman Corporation manufactures numerous products, one of which is called Epsilon-50. The company has provided the following data about this product: Unit sales (a) 130,000 Selling price per unit$29.00 Variable cost per unit$18.00 Traceable fixed expense$1,280,000 ?Management is considering increasing the price of Epsilon-50 by 9%, from$29.00 to $31.61. The company's marketing managers estimate that this price hike would decrease unit sales by 15%, from 130,000 units to 110,500 units. Assuming that the total traceable fixed expense does not change, what net operating income will product Epsilon 50 earn at a price of $31.61 if this sales forecast is correct?
A. $223,905 B. $1,503,905 C. $1,769,300 D. $489,300