The sample covariance measures the strength of the linear relationship between two variables

Indicate whether the statement is true or false


FALSE

Business

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Deliberately blaming individuals or groups for things they really did not do is called

A) ethnocentrism B) stereotyping C) scapegoating D) discriminating

Business

Cross subsidies:

a. occur when high–volume products are assigned less than their fair share of overhead costs. b. occur when low–volume products are assigned more than their fair share of overhead costs. c. are eliminated by volume–based costing systems. d. cause distorted cost information for pricing decisions.

Business

The days-in-receivables ratio:

A) is an estimate of the length of time the receivables have been outstanding. B) measures the cash discount period for credit sales. C) is net credit sales divided by average receivables. D) is not meaningful and therefore is not used.

Business

Ola Jensen has placed her first order with your company. What is the BEST method to let her know you received her order?

a. Send her a preprinted form letter acknowledging the order. b. Send her a copy of the sales order. c. Send her sales promotional material. d. Send her an individualized acknowledgment message about her order.

Business