A variance is the difference between an actual amount and the budgeted amount
Indicate whether the statement is true or false
TRUE
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Suppose a company selling in various country markets makes statements such as "we know what the customer wants, and he or she will have to pay for it." This is an indication of a(n) ________ approach to setting prices
A) ethnocentric B) polycentric C) regiocentric D) geocentric E) adaptation
According to Benford's law, the first digit of random data sets will most often begin with which number?
a. 7 b. 1 c. 3 d. 4
In comparison to other areas of service processes, a service shop is characterized by ______.
a. a high level of labor skill b. a narrower span of supervision c. a tall managerial hierarchy (i.e., with many levels in the hierarchy) d. a low level of customer interaction
Aberwald Corporation expects to order 126,000 memory chips for inventory during the coming year and has calculated its economic order quantity as 3000 units. If the cost per order is $5, the total ordering cost incurred by Aberwald is:?
A. $500.? B. ?$425. C. ?$210. D. ?$310. E. ?$620.