A scatter diagram is a tool that can be used to ______.
A. visually determine if two variables are related or correlated
B. show the different causes that contribute to an effect
C. determine if a process is in control
D. show the contribution of different products to total revenue
A. visually determine if two variables are related or correlated
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Supervisors involved in quality control and editing should do all of the following except ________
A) supervisors should do some interviewing B) supervisors should provide tabulation of important demographic characteristics C) supervisors should collect questionnaires and other forms and edit them daily D) supervisors should keep a record of hours worked and expenses
Assume that SQ = Standard Quantity, SP = Standard Price, AQ = Actual Quantity, and AP = Actual Price. The correct entry along with the equation to record the issuance and usage of materials, assuming a favorable materials usage variance, is as follows
A) Work in Process SQ x SPMaterials Usage Variance (AQ-SQ)SPMaterials AQ x SP B) Work in Process SQ x SPMaterials Usage Variance (AQ-SQ)SPMaterials AQ x SP C) Work in Process AQ x APMaterials Usage Variance (AQ-SQ)SPMaterials AQ x SP D) Work in Process AQ x APMaterials Usage Variance (AQ-SQ)SPMaterials AQ x SP E) None of these.
________ represent rights that cannot be reduced to physical form, such as stock certificates, certificates of deposit, bonds, and copyrights
A) Real properties B) Intangible properties C) Fixtures D) Immovable properties
The meeting-the-competition defense allows a seller to lower his price below that of his
competitor even if it is discriminatory. Indicate whether the statement is true or false