Using an MIS system to improve quality through quality control and quality assurance falls under which stage of the management process?
A) Planning
B) Performing
C) Evaluating
D) Communicating
B
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Which of the following is true of the United Nations Convention on Contracts for the International Sale of Goods (CISG)?
A. It focuses on which terms of the offer and acceptance are the same. B. It applies to commercial and consumer transactions. C. It mainly aims to unify and codify an international law of sales. D. It requires contracts for the sale of goods in excess of $300 to be in writing.
Which of the following is the correct expression for calculating the future value of an investment? (r represents the interest rate and n represents the length of time)?
A. ?Future value = Present value × (1 + r)n B. ?Future value = Present value + (1 + r)n C. ?Future value = Present value - (1 + r)n D. ?Future value = Present value / (1 + r)n E. ?Future value = Present value / ((1 + r) × n)
In order to estimate the average time spent on the computer terminals per student at a local university, data were collected for a sample of 81 business students over a one-week period. Assume the population standard deviation is 1.8 hours. With a 0.95 probability, the margin of error is approximately
a. 0.39 b. 1.96 c. 0.20 d. 1.64
DiLamer Inc. paid $300,000 to purchase 30-year bonds issued by a publicly held foreign corporation. The foreign government recently privatized the corporation and declared that all outstanding corporate debt obligations would not be honored. What is the tax consequence to DiLamer of this bad news?
A. $300,000 Section 1231 loss. B. $300,000 ordinary abandonment loss. C. $300,000 capital loss. D. No loss recognition until DiLamer actually disposes of the bonds.