Innovation is not expected in structured processes, but it is required in dynamic processes

Indicate whether the statement is true or false


TRUE

Business

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Payroll Tax Expense includes

a. state unemployment tax. b. FICA taxes. c. federal unemployment tax. d. All of the answers listed

Business

A contract can be rescinded if there was fraudulent or negligent misrepresentation, but not if there was innocent misrepresentation

Indicate whether the statement is true or false

Business

An activity performed by a subcontractor is scheduled for 20 weeks at an anticipated cost of $100,000. Due to slippage on the critical path you need to reduce this activity by three weeks

If the subcontractor informs you that the activity can be completed in 16 weeks for $200,000, what is the slope for the activity? A) $5,000 per week B) $33,333 per week C) $25,000 per week D) $12,500 per week

Business

Defects in computer hard-drives will usually render the entire computer worthless. For a particular model, the percent defective in the past has been 1%. If a sample size of 400 is taken, what would the 95.5% lower control chart limit be?

A) 0.00995 B) 0.00005 C) 0.00000 D) 0.01000 E) 0.09550

Business