Sales for boxes of Girl Scout cookies over a 4-month period were forecasted as follows: 100, 120, 115, and 123. The actual results over the 4-month period were as follows: 110, 114, 119, 115. What was the MSE of the 4-month forecast?
A) 0
B) 5
C) 7
D) 108
E) None of the above
E
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Implementing a system of independent checks is one of the most effective ways to deter fraud. Which one of the following is NOT a way of providing independent checks on employees?
a. Employee transfers b. Audits c. Mandatory vacations d. Authorization required for purchases of over $2,000 or more
A seller who passes a quitclaim deed is released from any further claims if the seller has
a. a faulty title. b. no title. c. a good title. d. all of these.
A disadvantage of an expert system is that it:
A. invariably needs a human to fix the problem according to the solution the system offers. B. provides no option for user feedback. C. can be time-consuming and expensive. D. can sometimes deviate from the decision rules originally programmed into the system.
Merchandise that has been sold and is returned to the firm by the customer is called
A. a sales discount. B. an expense. C. a sales allowance. D. cost of goods sold. E. a sales return.