You would use weighting under which circumstance?
A) to create new variables that are composites of several other variables
B) to adjust the sample so that greater importance is attached to respondents with certain characteristics
C) to compare attitudinal scores measured on a seven-point semantic differential scale with lifestyle or image scores measured on a five-point Likert scale
D) none of the above
B
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The National Labor Relations Board has two major functions: one is to prevent unfair labor practices, and the other one is to
A. make rules and regulations for union-management relations. B. monitor and regulate labor relations in small, local businesses. C. conduct and certify representation elections. D. levy punitive charges on violators. E. conduct periodic onsite inspections of union and company financial records.
Current assets include cash, accounts receivable, inventory, and prepaid items
Indicate whether the statement is true or false
As a result of taking a physical inventory count on December 31, 2016, the Mona Lisa Company inventory was determined to be $61,500. The auditors for Mona Lisa suspected an inventory shortage and used the gross profit method to estimate the ending inventory. The accounting records for the company contained the following information: Inventory (1/1/16) $ 130,000 Purchases (2016) 760,000 Sales
(2016) 1,020,000 Sales returns (2016) 60,000 Gross profit ratio 25% of sales Using the gross profit method, what did the auditors estimate as the amount of the inventory that should have been on hand at December 31, 2016? A) $240,000 B) $170,000 C) $125,000 D) $ 61,500
The process where vendors ship the merchandise prepackaged to the distribution center in the quantities required for each store and then that merchandise is shipped to stores as soon as it is received is called
A. push supply. B. reverse logistics. C. pull supply D. cross-docking. E. ticketing.