Which of the following statements is true about task analysis?
A. The relative importance of tasks can be assessed easily.
B. It cannot be validated by observation.
C. It is characterized by a high degree of involvement.
D. The tasks can be identified precisely.
Answer: D
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When not going through normal protocols of the parent organization becomes habit and results in rejection of policies and procedures, this is known as which of the following project pitfalls?
A. Bureaucratic bypass syndrome B. The privileged parameter C. Groupthink D. Going native E. Projectitis
The total of the schedule of notes payable should agree with the total of the notes receivable account in the general ledger
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. The salary of a manufacturing plant manager will be included in manufacturing overhead. 2. In a manufacturing company, the salary of the sales staff is an example of a period cost. 3. In a manufacturing plant, indirect materials costs from lubricants and cleaning fluids are product costs. 4. Indirect materials costs are included in manufacturing overhead. 5. For a manufacturer, rent paid for an office building is an example of a period cost.
Trend analysis is a sales forecasting technique that focuses on aggregate sales data over a period of many years to determine general trends in annual sales.
Answer the following statement true (T) or false (F)