Which of the following is an example of categorical data?
a. social security number
b. score on a multiple-choice exam
c. height, in meters, of a diving board
d. number of square feet of carpet
a
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Which of the following is not one of the four steps in accounting for production activity and assigning costs during a period under a process cost system?
A. Determine over or underapplied overhead. B. Compute the equivalent units of production. C. Compute the cost per equivalent unit of production. D. Determine the physical flow of units. E. Assign and reconcile costs.
Answer the following statement(s) true (T) or false (F)
1. Performance philosophies of compensation don’t tend to work well in competitive industries. 2. Competency-based or skill-based pay will hinge partly on what skills employees bring to work and whether or not those skills are needed. 3. Competencies and skills are the same thing. 4. Efficiency wage theory says that if a company pays higher wages, it can generally hire better people who will in turn be more productive. 5. Pay secrecy clauses are becoming more dangerous to companies who choose to enforce them.
You cannot be held liable for the actions of your agents if the agents are violating your instructions
a. True b. False Indicate whether the statement is true or false
The careful matching of company and employee expectations during the first year can result in positive job attitudes and high standards, which then can be reinforced in new and more demanding jobs.
Answer the following statement true (T) or false (F)