A cross functional team is a group staffed with a mix of specialists focused on a common objective, problem, or goal

Indicate whether the statement is true or false


T

Business

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The normal distribution is an appropriate model of:

A) the high initial failure rates of product, machine, or processes. B) system reliability where components are connected in series. C) system reliability where components are connected in parallel. D) the MTBF distribution of products, machines, or processes that have "settled in." E) the full cost view of maintenance.

Business

If an agent contracts outside the scope of his or her authority, the principal cannot become liable.

Answer the following statement true (T) or false (F)

Business

If you are considering trading in a used car on your new one, it is best to

A) tell the dealer right away so he can figure your trade-in credit against the purchase of your new car. B) not trade the car in, but rather sell it yourself to someone else. C) make the trade-in deal a separate transaction for the new car deal. D) not be too concerned about the value given, since dealers are required to give you at least blue book value.

Business

The Robertsons, a couple with an adjusted gross income of $28,500, decides to contribute the maximum amount possible toward their individual retirement accounts (IRAs) even though Mr. Robertson is covered by a pension plan where he works. He names his wife the beneficiary of the IRA. What is such a tax strategy called?

A. Tax deferral strategy B. Tax avoidance strategy C. Tax evasion strategy D. Tax ignorance strategy E. Income-shifting strategy

Business