One measure of the accuracy of a forecasting model is
a. the smoothing constant
b. a deseasonalized time series
c. the mean square error
d. None of these alternatives is correct.
C
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When managers apply the process of "management by exception":
A) they take action when there is a significant variance between planned and actual results. B) they take action when there is a variance of any size or amount between planned and actual results. C) they are allowed to use standard costs rather than actual costs on financial statements issued to decision makers. D) they are not required to compute the standard cost of making a product.
The formula for writing 3 is to 5 as 21 is to a number is
?
?
?
3x = 21(5)
?
3x = 105
?
x = 35
Answer the following statement true (T) or false (F)
Bob is shopping in Carl's Hardware Store when a nail gun in use by Dan, one of Carl's employees, fires without warning and hits Bob in the leg. Carl checks the gun and discovers that it was assembled improperly. Bob files a suit against Eagle Tools, Inc., the manufacturer of the gun, for product liability, on the ground of strict liability. What are the elements for an action based on strict liability? In whose favor is the court likely to rule?
What will be an ideal response?
A voluntary petition is a petition filed by a creditor that states that the debtor has debts.
Answer the following statement true (T) or false (F)