The tendency to use one characteristic to create a negative impression that dominates other information is called:
a) Similar-to-me-effect
b) Halo effect
c) Self-serving bias
d) Horn effect
d) Horn effect
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When project managers know an activity's ________, they are able to compare which critical activities to shorten.
What will be an ideal response?
A company's strategic plan
A. focuses on offering a more appealing product than rivals. B. lists methods of making money in its chosen business. C. maps out the company's history. D. outlines the competitive moves and approaches to be used in achieving the desired business results. E. links the company's financial targets to control mechanisms.
The measures of accuracy of the forecasts:
a. check how well a particular forecasting method is able to reproduce the time series data that are already available. b. use the current value to estimate how well the model generates previous values correctly. c. predict the future values and wait for a pre-defined time period to examine how accurate the predictions were. d. check to see if the forecast error is negative.
O'Hare Company is a manufacturing firm that uses a job-order costing system to determine the costs of its products. During the current accounting period, O'Hare paid $2,100 to production employees who worked on Job #132. The entry to record these wages would include an increase to which of the following accounts?
A. Work in Process Inventory. B. Wage Expense. C. Finished Goods Inventory. D. Cost of Goods Sold.