Identify three factors that affect the estimation of capacity, and briefly describe each
Economies of scale¾a positive result when large volumes of a product or service are produced together, allowing the producer to spread the fixed costs associated with preparing that product or service over all the units.
Experience curves¾the relationship between total direct labor per unit and the cumulative quantity of product or service produced.
Diseconomies of scale¾inefficiencies that occur when an organization has grown so large that the cost of managing and tracking its activities outweighs the benefits associated with size.
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Mini-Case Question. Calculate the volume variance of the business
A) -$72,000 B) $72,000 C) $80,000 D) -$80,000 E) $64,000
Which of the following is NOT an advantage of CATS?
A) All of the advantages of computer-driven interviewing are found in this approach. B) The interviewer expense or extra cost of human voice communication capability for the computer is eliminated. C) Because respondents' answers are saved in a file during the interview itself, tabulation can take place on a daily basis. D) Even if the interviews are conducted in remote locations across the United States, it is a simple matter to download the files to the central facility for daily tabulations. E) Researchers can take the advantages of different modes to achieve their data collection goals.
Which of the following are not Section 404 internal controls ?
a. An internal code of ethics b. Independent board members c. Remuneration committees d. Creation of processes for reporting concerns
You should use highlighting techniques in a report
Indicate whether this statement is true or false.