What is true of validity?

A. Validity measures the level of cultural fit.
B. Validity can only be measured in one way.
C. Validity identifies how free a measurement is from random error.
D. Validity cannot be explained using correlation coefficients.
E. Validity ensures the fairness of employment practices during selection procedures.


Answer: E

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Atlanta Systems produces two different products, Product A, which sells for $250 per unit, and Product B, which sells for $400 per unit, using three different activities: Design, which uses Engineering Hours as an activity driver; Machining, which uses machine hours as an activity driver; and Inspection, which uses number of batches as an activity driver. The cost of each activity and usage of the activity drivers are as follows:    CostUsage by Product AUsage by Product BDesign (Engineering Hours)$150,000 100  150 Machining (Machine Hours)$1,000,000 2,000  3,000 Inspection (Batches)$80,000 50  30 Atlanta manufactures 10,000 units of Product A and 7,500 units of Product B per month. Each unit of Product A uses $100 of direct materials and $45 of direct labor, while each

unit of Product B uses $140 of direct materials and $75 of direct labor. Required: a. Calculate the Design activity proportions for Products A and B. b. Calculate the Machining activity proportions for Products A and B. c. Calculate the Inspection activity proportions for Products A and B. d. Determine the indirect costs assigned to Product A. e. Determine the indirect costs assigned to Product B. f. Determine the manufacturing cost per unit for Product A. g. Determine the manufacturing cost per unit for Product B. h. Determine the gross profit per unit for Product A. i. Determine the gross profit per unit for Product B. What will be an ideal response?

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An annuity is the same amount at the same time every period

Indicate whether the statement is true or false

Business

The use of both rail and trucks for transporting goods is called ________

A) trainshipping B) fishybacking C) piggybacking D) airtrucking E) autoracking

Business

Which of the following best describes the purpose of a press room at a trade show?

A) location where journalists televise reports about the show B) area occupied by an organization for displaying products C) place where exhibiting firms can request media coverage D) location where exhibiting firms can leave information for reporters E) area set aside for attendees and exhibitors to personally interact

Business