On a recent road trip to the Big Easy, the absentee landlord recorded his gasoline purchases in a logbook that he intended to support his rental expenses for the year. The entries are in the table below:
Gallons Total Cost
15 $44.40
16 $36.32
13.5 $34.70
18 $45.90
8 $23.36
12 $30.72
What is the average order size of the gasoline?
A) 15.00
B) 13.75
C) 14.25
D) 14.75
Answer: B
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Which level of analysis is considered the foundation of the organizational behavior model?
A. individuals B. departments C. teams D. organizations
Which of the following best describes the use of focus groups in market research?
A) These are research techniques in which researchers immerse themselves into consumers' lives to understand them better. B) These are research instruments to gather data (generally quantitative) over a large population of potential customers. C) These are research techniques used to watch people's actual behaviors in the context of their natural environment. D) These are research techniques used to gather opinions of carefully chosen individuals about a topic.
The rate established at the beginning of a period that uses estimated overhead and an allocation factor such as estimated direct labor, and that is used to assign overhead cost to jobs, is the:
A. Miscellaneous overhead rate. B. Overhead variance rate. C. Estimated labor cost rate. D. Chargeable overhead rate. E. Predetermined overhead rate.
Which of the following is not a stakeholder in a business?
a. Suppliers b. Customers c. Employees d. Community members e. All of the above are stakeholders