In which decade was the Reconstruction Era Act passed?

a) 1860's
b) 1950's
c) 1960's
d) 1970's
e) nota


A

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Ratios provide little information unless the analyst places them in a context. After calculating the ratios, the analyst must compare them with some standard. Which of the following is not a possible standard?

a. The planned ratio for the period. b. The corresponding ratio during the preceding period for the same firm. c. The corresponding ratio for a similar firm in the same industry. d. The average ratio for other firms in the same industry. e. The corresponding ratio during the succeeding period for the same firm.

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 Use the following information about the current year's operations of a company to calculate the cash paid for merchandise.    Cost of goods sold$229,000?Merchandise inventory, January 1 57,800?Merchandise inventory, December 31 60,100?Accounts payable, January 1 57,100?Accounts payable, December 31 62,800?

A. $221,000. B. $237,000. C. $225,600. D. $229,000. E. $232,400.

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Which statement about the use of learning curves is BEST?

A) Learning curve effects stay constant across projects. B) A job that is substantially re-engineered will have no disruption of its learning curve. C) It may be more likely to see learning curve effects in construction than in research and development. D) Every worker performing an identical task will exhibit the same learning effect.

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Flexibility rewards are the most rapidly growing type of reward.

Answer the following statement true (T) or false (F)

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