In the FABV approach, ________ describe the economic, technical, service, and social pluses delivered
A) features
B) advantages
C) benefits
D) value
E) macroenvironment
C
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If data mining finds a statistical correlation or relationship between two data items, then there exists a plausible relationship between those two data items in the real world.
Answer the following statement true (T) or false (F)
Providers of professional services such as doctors, lawyers, and accountants use their degrees and designations to convey a level of trust to a purchaser.
Answer the following statement true (T) or false (F)
Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 20,000 direct labor-hours, total fixed manufacturing overhead cost of $182,000, and a variable manufacturing overhead rate of $2.50 per direct labor-hour. Job X941, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data:?Total direct labor-hours250?Direct materials$740?Direct labor cost$6,500Required:Calculate the selling price for Job X941 if the company marks up its unit product costs by 20%.
What will be an ideal response?
From a portion of a probability distribution, you read that P(demand = 1 ) is 0.05, P(demand = 2 ) is 0.15, and P(demand = 3 ) is .20. The cumulative probability for demand = 3 would be which of the following?
A) 0.133 B) 0.200 C) 0.400 D) 0.600 E) Cannot be determined from the information given.