A relationship that determines the sequence for undertaking activities is a precedence relationship

Indicate whether the statement is true or false


TRUE

Business

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A measure of the flow of goods and services out of a country into other countries or other items that cause payments to flow into the country is

A. the national savings account balance. B. the balance on current account. C. the capital account balance. D. the capital and financial account balance.

Business

Which of the following is most likely done by managers, when actual costs of a product exceed expected costs?

A) Increase the selling price of the product B) Adjust planning and decision-making strategies C) Increase the sales of the product D) Change the product costing system used

Business

The standard normal distribution has a mean of one and a standard deviation of zero

Indicate whether this statement is true or false.

Business

Carlos Suarez has been hired as sales manager at a new firm and is trying to come up with a sales force compensation method. He would like to have selling expenses relate directly to sales resources, an aggressive sales force, and minimization of non-selling tasks. What compensation method(s) would best fulfill his requirements?

A. Combination B. Straight salary C. Straight salary plus generous fringe benefits D. Straight commission E. Salary plus a bonus

Business