A trustee cannot make decisions on matters that could not be foreseen by the settlor
Indicate whether the statement is true or false
False
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When determining the correlation coefficient, r, it does matter which variable is considered to be the dependent variable and which is the independent
Indicate whether the statement is true or false
ABC, Inc., is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hours of sewing machine time and up to 150 hour cutting machine time. Production of one shirt requires 3 hours of sewing time and 1 hour of cutting time. Each pair of pants requires 2 hours of sewing time and 1.5 hours of cutting time. Each shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. What is the total profit at the optimal solution?
a. $250 b. $398 c. $624 d. $583
Activity-based budgeting (ABB) takes the Activity-based costing model (ABC) and reverses the flow of the analysis.
Answer the following statement true (T) or false (F)
What are the primary business benefits of an ERP system?
A. Market demand, resource and capacity constraints, and real-time scheduling. B. Forecasting, planning, purchasing, material management, warehousing, inventory, and distribution. C. Sales forecasts, sales strategies, and marketing campaigns. D. All of these.