Which of the following is an accurate statement concerning the reporting of quantitative data??
A) Proportions or ratios do not generally interest people because they are confusing.?
B) ?When tabulating research results of opinions and preferences, statistics should be reported to the most accurate decimal point.
C) ?Common language reduces difficult figures to the "common denominators" of language and ideas.
D) ?Common language is specific to indicators of actual count or quantity.
C
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Which of the following is the most common inquiry method?
a. Graphology b. Pencil-and-paper tests c. Interviewing d. Polygraphs
Maxine Watters, the managerial accountant, has been asked by the President of Coolare Ceiling Fan Company to prepare an analysis of the effectiveness of the new management team. The company manufactures paper fans.2020 standards:Direct materials - 4 parts @ $2 per partDirect labor - one half hour (0.5) @ $10 per hourEstimated production - 100,000Actual results 2020:Direct materials - 585,000 parts at a total cost of $1,462,500 were purchased and usedDirect labor - 51,000 hours at a cost of $561,000Actual production - 130,000 fansRequired:Requirement: Compute the direct material and direct labor price and efficiency variances.
What will be an ideal response?
Richard is attending an important board meeting with his colleagues to discuss future plans for the company. Many ideas are being presented, and Richard is carefully judging and evaluating what he is hearing. He is also listening to decide whether the speaker's message is fact, fiction, or opinion. Richard is engaging in
A) discriminative listening. B) critical listening. C) lag time. D) supportive listening.
The maximum amount that may be owed on a credit card at any one time is called the
a. finance charge. b. line of credit. c. annual percentage rate. d. collateral.