Which of the following is not a step in the target costing approach to pricing?
a. Define the desired profit to be made on that product.
b. Dictate which products should not be produced.
c. Compute a target cost for the product by subtracting the desired profit from the competitive market price.
d. Identify the price at which a product will be competitive in the marketplace.
B
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In Lanning v. SEPTA, female applicants for transit police jobs failed the physical fitness test at a much higher rate than male applicants and were rarely hired. The major conclusion to be drawn from this case is that______:
a. employers should reasonably accommodate women when conducting physical fitness tests b. if physical fitness tests are professionally developed, they will usually not produce discriminatory effects c. cut-off scores on physical fitness tests should reflect the minimum level of physical ability needed to successfully perform the job d. employers must not establish different cut-off scores for men and women on physical fitness tests e. none of the above
Which of the following would NOT be exempt from registration under the 1933 Securities Act?
A) An offering restricted to the residents of the state in which the issuing company is organized and doing business B) An offering of state securities C) An offering of limited partnership interests D) A private offering to sophisticated investors who will not redistribute them
Which of the following is not a property of a binomial experiment?
a. the experiment consists of a sequence of n identical trials b. each outcome can be referred to as a success or a failure c. the probabilities of the two outcomes can change from one trial to the next d. the trials are independent
Capital budgeting decisions that relate to investments in technology are not as risky as other types of capital budgeting decisions.
Answer the following statement true (T) or false (F)