In regression analysis, if the independent variable is measured in pounds, the dependent variable
a. must also be in pounds
b. must be in some unit of weight
c. cannot be in pounds
d. can be any units
D
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If the total materials variance (actual cost of materials used compared with the standard cost of the standard amount of materials required) for a given operation is favorable, why must this variance be further evaluated as to price and usage?
a. There is no need to further evaluate the total materials variance if it is favorable. b. Generally accepted accounting principles require that all variances be analyzed in three stages. c. All variances must appear in the annual report to equity owners for proper disclosure. d. It is done so that management can evaluate the efficiency of the purchasing and production functions.
Today's salespeople need to be creative problem solvers who have the ability to develop and combine nontraditional alternatives to meet the specific needs of the customer.
Answer the following statement true (T) or false (F)
Which of the following courses of action is best suited for a company in the event of a supplier
pulling out a supply agreement? A) investigating new markets B) designing new products C) arranging for backup partner D) repositioning the product
Stocks that pay large cash dividends on a regular basis are called:
A. Small capital stocks. B. Growth stocks. C. Large capital stocks. D. Mid capital stocks. E. Income stocks.