The s-chart is recommended when:
a. the control chart calculations needs to be performed by hand.
b. tight control of variability in the process is required.
c. the -chart is not associated with an R-chart.
d. the sample size for each sample needs to be reduced.
b
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Which of the following is NOT a long-term, joint FASB–IASB project?
a. Derecognition b. Fair value measurement c. Accounting for income taxes d. Accounting and reporting for intangible assets
Which of the following is an accurate statement regarding the sales presentation?
A) It is best to communicate all you know about the product. B) The location of the sales presentation is an irrelevant factor. C) Each product feature is of equal importance to every customer. D) Appealing to the prospect's senses makes the sales presentation more powerful. E) A sales presentation that does not use technology is not likely to be successful.
According to the ethical relativism school of thinking,
A. there can be no one-size-fits-all template (set of authentic ethical norms) against which to gauge the conduct of company personnel, due to cross-cultural differences in ethical standards. B. only respected religious experts can provide companies with a higher order moral compass. C. the best source of ethical standards in each country where the company operates is that country's adopted Code of Required Ethical Conduct. D. since there can be no one-size-fits-all set of authentic ethical norms, it is appropriate for each company to hold company personnel to observing the company's code of ethical conduct. E. a company should have a different set of ethical standards for each country in which it operates.
Custom Furniture manufactures a small table and a large table
The small table sells for $900, has variable costs of $560 per table, and takes 10 direct labor hours to manufacture. The large table sells for $1,500, has variable costs of $1,000, and takes eight direct labor hours to manufacture. Calculate the contribution margin per direct labor hour for the small table. A) $340 per direct labor hour B) $50 per direct labor hour C) $34 per direct labor hour D) $56 per direct labor hour