A one-sample nonparametric goodness-of-fit test to determine whether the observations for a particular variable could reasonably have come from a particular distribution is the ________
A) Kolmogorov-Smirnov one-sample test
B) runs test
C) binomial test
D) Mann-Whitney U test
A
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The entry to close operating expenses includes
a. debiting Operating Expenses. b. debiting Income Summary. c. debiting Retained Earnings. d. debiting Cost of Goods Sold.
For merchandising firms, inventory items are valued at acquisition cost which includes
a. invoice price less any cash discounts taken for prompt payment. b. cost of transporting, receiving, unpacking, inspecting, and shelving. c. costs to record the purchases in the accounts. d. all of the above e. none of the above
A company spends $25,000 a year for inspecting, $20,000 for purchasing, and $30,000 for reworking products. A good estimate of nonvalue-added costs would be:
A) $55,000 B) $45,000 C) $50,000 D) $60,000 E) $75,000
Answer the following statement(s) true (T) or false (F)
1. In the eyes of neoclassical economists discrimination in the workforce will get resolved on its own due to the forces of the market economy. 2. By law, affirmative action plans may not include quotas. 3. The United States has been using the term 'affirmative action' since shortly after World War II when minority veterans begin returning home. 4. Providing businesses with incentives to recruit employees from designated groups is one of the strategies countries use to promote affirmative action. 5. Trade unions have no part of promoting positive action policies that is strictly a management responsibility.