Because it is so severe, Chapter 7 must always be voluntary.

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


False

Business

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State tax law is comprised solely of legislative authority.

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

Business

Spencer gave all his employees low ratings on their performance appraisals. While the employees had met their objectives for the quarter and several had exceeded their sales goals, Spencer felt that everyone could have worked harder than they did. He does not have any evidence that his employees slacked off during the quarter, he just has a feeling that more could have been done. Spencer’s performance appraisals violate the __________ part of the OUCH test.

A. Objective B. Uniform in Application C. Consistent in Effect D. Has Job Relatedness E. None of the above

Business

Costs that can be eliminated in whole or in part if a particular business segment is discontinued are called:

A. opportunity costs. B. irrelevant costs. C. avoidable costs. D. sunk costs.

Business

The number of employees on the payroll at a computer software company is recorded at the start of each month from January 2007 to December 2009. These data are shown below. Year Jan Feb March April May June July Aug. Sept. Oct. Nov. Dec 2007 348 352 330 347 339 370 380 392 400 410 405 367 2008 350 341 345 355 342 350 370 395 410 401 405 365 2009 348 349 350 350 342 377 369 400 410 406 400 370 Develop a time series plot of the data. Does the data appear random on the plot?

What will be an ideal response?

Business