Which of the following is a common error that hinders the accurate interpretation of data??
A) Interpreting results from a large sample?
B) ?Tabulating a questionnaire with many items
C) Basing a conclusion on lack of evidence?
D) ?Applying statistical analysis
C
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Taylor manufactures 12,000 units of a part used in its production to manufacture guitars. The annual production activities related to this part are as follows: Direct materials, $24,000 Direct labor, $60,000 Variable overhead, $54,000 Fixed overhead, $84,000 Best Guitars, Inc, has offered to sell 12,000 units of the same part to Taylor for $22 per unit. If Taylor were to accept the offer, some of
the facilities presently used to manufacture the part could be rented to a third party at an annual rental of $18,000 . Moreover, $4 per unit of the fixed overhead applied to the part would be totally eliminated. In the decision to make or buy the part, what is the relevant fixed overhead? a. $30,000 b. $54,000 c. $84,000 d. $48,000
An employee can claim workers compensation even if the injury occurred during a lunch break, off work premises as long as it occurred during the employees typical work hours
Indicate whether the statement is true or false
Assignment of rights is the voluntary transfer to a third party of the rights arising from a contract
Indicate whether the statement is true or false
The tort of false imprisonment requires the permanent detention of a person without their consent
Indicate whether the statement is true or false