Which of the following statements is true of drawing accounts?
A. It is used to pay employees for delivering good customer service.
B. It is used to motivate employees who receive a straight salary.
C. It is used to attract salespeople who are willing to sell low-margin items.
D. It is used to provide an additional income for full-time sales people.
E. It is used to provide a steadier income for salespeople who work on commission.
Answer: E
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Indicate whether the statement is true or false
If in a particular department, units completed are 2,000 and there are 600 units which are 20% complete. Manufacturing costs for this department are $10/unit. Equivalent units of output are:
a. 2,000 b. 400 c. 120 d. 2,600 e. 2,120
When interviewing a potential employee, managers may need to decide whether the person has real talent and potential or is simply well prepared for the interview. What processes is the manager using in this case?
a) Attention and organization b) Internal and external attribution c) Attention and retention d) Retrieval and judgment
In a random sample of 100 observations, = .2. The 95% confidence interval for p is
A. .1342 to .2658. B. .15 to .25. C. 0 to .4. D. .1216 to .2784.