One primary difference between services and the production of goods is that services are consumed ____ whereas goods can be ____.
A. one at a time; consumed more than one at a time
B. immediately; stored
C. intangibly; tangible or intangible
D. later; consumed now
E. as they are produced; special ordered
Answer: B
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Indicate whether the statement is true or false
During its first year of operations, Silverman Company paid $14,000 for direct materials and $19,000 for production workers' wages. Lease payments and utilities on the production facilities amounted to $17,000 while general, selling, and administrative expenses totaled $8,000. The company produced 5,000 units and sold 3,000 units at a price of $15.00 a unit.What is Silverman's cost of goods sold for the year?
A. $50,000 B. $24,600 C. $41,000 D. $30,000
A project team assesses their primary risk factor's probability of failure with a maturity risk of 0.3, a complexity risk of 0.7, and a dependency risk of 0.8. The probability of failure is:
A) Less than or equal to 0.3. B) Greater than 0.3 but less than or equal to 0.55. C) Greater than 0.56 but less than or equal to 0.89. D) Greater than or equal to 0.9.
Which of the following is not a limitation of the current Internet?
A) the continued reliance on cables and wires for connectivity B) limited bandwidth, which causes congestion and cannot adequately handle video and voice traffic C) architectural restrictions, which stipulate that numerous requests for the same file must each be answered individually, slowing network performance D) the difficulty in expanding capacity by adding servers and clients